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US TSYS: Small Additional Bid Seen At Month-End Index Close

US TSYS
  • Only a small additional bid seen in Treasuries ahead of the month-end index close at 1300ET.
  • Cash yields 5.8-7.2bps lower from Wednesday's close, led by 10s where real yields are 6.7bps lower.
  • Cash closes early at 1400ET (an hour from now) but with futures closing in 15mins at 1315ET.
  • TYH5 briefly nudged to a high of 111-08, still a little below latest resistance at 111-14 (50-day EMA). 
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  • Only a small additional bid seen in Treasuries ahead of the month-end index close at 1300ET.
  • Cash yields 5.8-7.2bps lower from Wednesday's close, led by 10s where real yields are 6.7bps lower.
  • Cash closes early at 1400ET (an hour from now) but with futures closing in 15mins at 1315ET.
  • TYH5 briefly nudged to a high of 111-08, still a little below latest resistance at 111-14 (50-day EMA).