Trial now
USDCAD TECHS

Bears Strengthen Grip

AUDUSD TECHS

Consolidating Above Support

EURJPY TECHS

Corrective Cycle

Something's Gotta Give?

US TSY FUTURES

Note US Tsy futures continue to trade near midday highs, ignoring the rebound in equities currently showing modest gains (ESH1+3.0). No revelations are particular clarity on the first half surge in Tsy duration and volumes (though geopolitical, Covid numbers remain, fiscal stimulus remain the usual suspects) -- while support for equities seems questionable in comparison. General calm ensues in late session trade. Yield curves near lows:

  • 3M10Y -5.259, 95.687 (L: 90.892 / H: 101.808)
  • 2Y10Y -4.853, 91.199 (L: 91.199 / H: 97.591)
  • 2Y30Y -5.4, 166.689 (L: 166.689 / H: 173.858)
  • 5Y30Y -3.24, 138.078 (L: 138.056 / H: 142.3)
  • Current futures levels:
  • Mar 2Y steady at at 110-15.375 (L: 110-15.125 / H: 110-15.625)
  • Mar 5Y up 4.5/32 at 125-31.5 (L: 125-26.25 / H: 126-00)
  • Mar 10Y up 12/32 at 137-13 (L: 136-30 / H: 137-13.5)
  • Mar 30Y up 1-8/32 at 170-4 (L: 168-19 / H: 170-05)
  • Mar Ultra 30Y up 2-25/32 at 207-23 (L: 204-18 / H: 207-24)
MNI Chicago Bureau | +1 312-431-0089 | bill.sokolis@marketnews.com