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Tsys Paring Gains on Swiss Headlines

US TSY FUTURES
  • Still bid, Tsys paring gains back near opening levels after latest headlines:
  • SWISS OPTIONS FOR CS INCLUDE STATEMENT OF SUPPORT, BACKSTOP (BBG)
  • SWISS REGULATOR FINMA SAID TO LIKELY MAKE CS STATEMENT SOON (BBG)
  • Front month 30Y bond futures +1.22 at 131-20 vs. 133-02 highs, 30Y yield 3.6925%
  • Yield curves off steeper levels, 2s10s +9.782 at -46.962 vs. -29.397 high

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