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TY/UXY Flattener Blocked

US TSY FUTURES

Latest block trades lodged at 08:23:58 London/03:23:58 NY:

  • TYU4 3K lots blocked at 110-07, looks like a seller.
  • UXYU4 2K lots blocked at 113-31, looks like a buyer.
  • Looks like a TY/UXY flattener.
  • This comes with the cash 7-/10-Year yield curve trading around flat, a mark that it has struggled to break above on a sustained basis in recent months.

Fig. 1: U.S. 7-/10-Year Tsy Yield Curve (bp)

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Latest block trades lodged at 08:23:58 London/03:23:58 NY:

  • TYU4 3K lots blocked at 110-07, looks like a seller.
  • UXYU4 2K lots blocked at 113-31, looks like a buyer.
  • Looks like a TY/UXY flattener.
  • This comes with the cash 7-/10-Year yield curve trading around flat, a mark that it has struggled to break above on a sustained basis in recent months.

Fig. 1: U.S. 7-/10-Year Tsy Yield Curve (bp)

Keep reading...Show less