August 14, 2024 02:40 GMT
Tsys Futures Steady Ahead Of CPI Later
US TSYS
- Treasury futures are steady in the first half of trading today, there has been some profit taking occurring after a rally overnight, although volumes remain below recent averages. TUU4 is - 00 ⅜ at 103-12 ¼, while TYU4 is unchanged at 113-20
- RBNZ has cut rates by 25bps, while Japan's Prime Minister has announced that he will not be seeking re-election, neither of these events have had any impacts on us tsys so far.
- The tsy curve has slightly bear-flattened today, with yields flat to 1.5bps higher, the 2yr is +1.4bps at 3.943%, while the 10yr is +0.8bp at 3.85%
98 words