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US TSYS: Tsys Inching Lower, 10Y Yield Climbs to 4.6048%, 7-Month High

US TSYS
USBulletMarketsFixed Income BulletsNorth America
  • Christmas markets in full control: Treasuries are mildly lower at the moment, extending lows after narrow overnight range on extremely light volumes (TYH5 just over 110k).
  • The Mar'25 10y contract trades 108-14.5 last (-0.5) - just through initial technical support of 108-16.5 (Dec 19 low). Focus on next support at 108-12.5 (1.382 proj of the Oct 1 - 14 - 16 price swing) followed by 108-00 (1.500 proj of the Oct 1 - 14 - 16 price swing ).
  • Treasury 10Y yield tapping 4.6048% (+.0182) highest level since late May.
  • Session data limited to regional Fed data: Philadelphia Fed Non-Mfg Activity at 0830ET, Richmond Fed Mfg Index at 1000ET.
  • Treasury supply for the last minute shoppers: $28B 2Y FRN & $70B 5Y Note auctions at 1130ET.
  • Early close at 1300ET for Christmas eve, full close tomorrow (Globex re-open Wednesday at 1800ET) - back to full session trade Thursday and Friday.
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  • Christmas markets in full control: Treasuries are mildly lower at the moment, extending lows after narrow overnight range on extremely light volumes (TYH5 just over 110k).
  • The Mar'25 10y contract trades 108-14.5 last (-0.5) - just through initial technical support of 108-16.5 (Dec 19 low). Focus on next support at 108-12.5 (1.382 proj of the Oct 1 - 14 - 16 price swing) followed by 108-00 (1.500 proj of the Oct 1 - 14 - 16 price swing ).
  • Treasury 10Y yield tapping 4.6048% (+.0182) highest level since late May.
  • Session data limited to regional Fed data: Philadelphia Fed Non-Mfg Activity at 0830ET, Richmond Fed Mfg Index at 1000ET.
  • Treasury supply for the last minute shoppers: $28B 2Y FRN & $70B 5Y Note auctions at 1130ET.
  • Early close at 1300ET for Christmas eve, full close tomorrow (Globex re-open Wednesday at 1800ET) - back to full session trade Thursday and Friday.