October 04, 2024 12:34 GMT
US TSY FUTURES: Post-September Jobs React
US TSY FUTURES
- Treasuries extend lows after higher than expected jobs gains for September (and up-revision for prior, while the unemployment rate comes dips to 4.1% from 4.2%.
- The Dec'24 10Y contract trades -24.5 at 113-04.5 after falling to 112-31.5 low. Through several technical support levels, focus now on 112-18 (Aug 1 low).
- Curves bear flattening as a result of sell-off, 2s10s -6.613 at 7.224, 5s30s -7.629 at 47.227.
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