Free Trial

US TSYS: 2s10s Hits Fresh '24 Highs

US TSYS

No meaningful adjustments in futures as cash Tsys open at the start of the London session (Japanese holiday kept the latter closed in Asia hours).

  • Bull steepening on the curve, yields 0.5-3.0bp lower.
  • 2s10s register another ’24 high. Just below 9bp, while 5s30s trade around ~56bp, 1.5bp below year-to-date highs.

Fig. 1: U.S. 2-/10- & 5-/30-Year Yield Curves (bp)

Keep reading...Show less
61 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

No meaningful adjustments in futures as cash Tsys open at the start of the London session (Japanese holiday kept the latter closed in Asia hours).

  • Bull steepening on the curve, yields 0.5-3.0bp lower.
  • 2s10s register another ’24 high. Just below 9bp, while 5s30s trade around ~56bp, 1.5bp below year-to-date highs.

Fig. 1: U.S. 2-/10- & 5-/30-Year Yield Curves (bp)

Keep reading...Show less