September 13, 2024 14:04 GMT
Post UofM React
US TSYS
- Treasury futures holding inside a narrow session range after UofM data show a slight increase in sentiment, a dip in 1Y inflation expectations vs. a slight increase in 5-10Y expectations.
- Dec'24 10Y futures +5 at 115-11, well inside initial technicals: resistance at 115-23.5 (High Sep 11), support at 114-27.5/13 (Low Sep 10 / 20-day EMA).
- Curves extend steepening: 2s10s +5.184 at 8.246, 5s30s +3.817 at 56.049.
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