September 20, 2024 02:46 GMT
US TSYS: Tsys Futures Edge higher, Curve Steepens
US TSYS
- Tsys futures have edged slightly higher through the first half of trading today, there has been little in the way of headlines as we await the BoJ shortly. TU is +01⅝ at 104-11⅜ while TY +06 114-29+, both trading just off session highs.
- Cash tsys curve has bull-steepened with yields flat to 1.6bps lower. The 2yr continues to outperform trading -1.6bps at 3.566%, while the 10yr is -0.4bps at 3.709%. The 2s10s is testing overnight & cycle highs up 1.297 at 14.059.
Chart: US 2s10s Curve
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