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BoK Growth Forecast Could Be At Risk


(U1) Fades Off 2021 Highs

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T-Notes trade shy of best levels after a brief and shallow look through Friday's highs with e-minis unwinding the bulk of their early modest losses, leaving the contract +0-02+ at 132-12+. Cash Tsys trade unchanged to 1.0bp cheaper, with some light bear flattening in play, adding to the flattening impetus witnessed post-Fed. Broader news flow remains light. The Eurodollar futures strip trades unchanged to 1.0 bp lower through the reds. The previously flagged ~28K screen seller of EDH2 has provided the focal point on the flow side thus far.