January 25, 2023 15:16 GMT
Tsys Rebound Post-BOC
US TSY FUTURES
Tsys rebound off early session lows but still inside range following expected BOC policy decision to raise rate 25bp to 4.5% - Tsys gain on dovish inflation language.
“Slower demand growth, combined with improvements in the supply chain, lead the economy into modest excess supply in 2023” MPR.
- Decent volume (TYH3>610k) as Tsy yield curves continue to climb off deeper inverted levels:
- * 3M10Y -2.076, -127.442 (L: -129.5 / H: -123.474)
- * 2Y10Y +6.556, -69.623 (L: -77.338 / H: -69.209)
- * 2Y30Y +7.233, -53.785 (L: -62.425 / H: -52.715)
- * 5Y30Y +2.189, 5.044 (L: 1.354 / H: 6.261)
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