Free Trial

Tsys Futures Open Slightly Lower, French 10Y Volatile Post Election

US TSYS
  • Treasury futures have opened lower this morning, some profit taking has occurred along side weakness in the 10y French bond futures after a messy outcome from the second round of voting, OATU4 is trading -0.16, which equates to about 1.7bps move higher in yields. TU is - 01⅝ at 102-09, while TY is - 06+ at 110-13.
  • Volumes are above averages, TU 19k, FV 47k, TY 62k
  • The Cash treasury curve bear-steepened this morning, with yields 1.5-3bps higher. The 2y is +1.9bps at 4.622%, 7yr +2.9bps at 4.258%, while the 10y +2.9bps at 4.308%. The 2s10s was +1.051 at -32.080.

To read the full story

Close

Why MNI

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.