May 27, 2024 03:50 GMT
Treasury Futures Have Edged Higher Ahead Of Memorial Day
US TSYS
- Treasury futures have edged higher throughout the day, volumes are also above average. TU is (+ 00.375) at 101-15 while TY is trading up (+ 03) at 108-25+. The 2y10y closed at new ytd lows after breaking below the 200-day EMA and now trades at -48.546, while the Dec lows are -56bp. Cash trading will be closed today for Memorial day.
- Volumes: TU 38k, FV 43k, TY 60k
- Regionally: ACGBs are 1-4bps lower, NZGBs are flat to 1bps lower, while JGBs are1-2bps higher with the 10Y back above 1%.
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