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US Rolls Views

US TSY FUTURES
  • Slight pick up in US spread pace, US Treasuries and Gilt will be the first to roll into the December Expiry, expect the pace to increase at the end of the Week, into next week ahead of first notices.
  • So far USA, TYA, FVA, TUA spreads have all drifted lower.

Soc Gen View on US Spread:

  • USA: Neutral.
  • TYA: Slightly bearish.
  • FVA: Bearish.
  • TUA: Slightly bearish.

JPM:

  • USA: Bullish.
  • TYA: Neutral.
  • FVA: Bearish.
  • TUA: Neutral.

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