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US TSYS/SUPPLY: WI 30Y

US TSYS/SUPPLY
  • WI recedes to 4.629% from 4.639% earlier heading into the $25B 30Y auction (912810UE6) cutoff at 1300ET, 24.0bp rich to last month's stop: 4.389% high yield vs. 4.405% WI.
  • Treasury futures trading sideways near session lows (TYZ4 -28.5 at 109-16.5), curves broadly steeper: 2s10s +6.916 at 15.929, 5s30s +6.943 at 35.329.

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