Free Trial

Sharp Turn For Rate Futures


Tsy futures that had pared gains/traded weaker in 2s-10s after Fed chair started speaking, have rebounded on the back of EU Brexit comments several minutes ago.

  • Unattributed and unconfirmed comments on wires and social media stating that the EU will consider terminating the Brexit trade agreement (TCA) with the UK if the rift between Brussels and Westminster deepens. see 1202ET bullet for more.

Tsy futures surged to session highs but have scaled back support slightly as well, Yield curve broadly flatter in near end, while 5s30s are off 18 month low tapped Monday:

  • 3M10Y -5.556, 158.723 (L: 157.586 / H: 163.68)
  • 2Y10Y -6.917, 117.536 (L: 116.449 / H: 124.404)
  • 2Y30Y -8.303, 160.78 (L: 159.793 / H: 169.227)
  • 5Y30Y -3.949, 86.493 (L: 85.001 / H: 91.532)

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.