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Retrace Back Near Monday Levels

US TSY FUTURES CLOSE

After a higher start to the session, futures trading broadly weaker after the bell on heavier volumes (TYZ over 1.8M) as equities stage a strong rebound after Wed's rout. Yld curves sharply steeper, especially in the short end. Update:

  • 3M10Y +7.226, 74.155 (L: 66.17 / H: 74.829)
  • 2Y10Y +6.013, 68.06 (L: 62.11 / H: 68.565)
  • 2Y30Y +6.333, 146.653 (L: 140.371 / H: 147.891)
  • 5Y30Y +2.376, 124.416 (L: 120.986 / H: 125.722)
  • Current futures levels:
  • Dec 2Y down 0.5/32 at 110-13.25 (L: 110-13.25 / H: 110-14)
  • Dec 5Y down 4.25/32 at 125-20.25 (L: 125-19.75 / H: 125-26)
  • Dec 10Y down 12.5/32 at 138-13 (L: 138-11.5 / H: 138-28.5)
  • Dec 30Y down 1-5/32 at 172-28 (L: 172-20 / H: 174-13)
  • Dec Ultra 30Y down 1-29/32 at 215-22 (L: 215-02 / H: 218-18)

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