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Well Off Early Session Highs Even After Equity Rout

US TSY FUTURES CLOSE

Well off early session highs, Tsy futures trading mixed after the bell, 10s-30s weaker, even as equities retain steep losses (ESZ0 -86.0). Decent volumes (TYZ0 over 1.38M); yield curves mildly steeper after flattening last four sessions. Update:

  • 3M10Y +1.006, 68.106 (L: 64.075 / H: 68.441)
  • 2Y10Y +0.694, 62.716 (L: 59.936 / H: 63.08)
  • 2Y30Y +0.903, 141.467 (L: 138.223 / H: 142.347)
  • 5Y30Y +1.051, 123.187 (L: 121.134 / H: 124.067)
  • Current futures levels:
  • Dec 2Y up 0.12/32 at 110-13.62 (L: 110-13.3 / H: 110-13.8)
  • Dec 5Y up 0.25/32 at 125-24.5 (L: 125-24 / H: 125-27.25)
  • Dec 10Y down 1/32 at 138-26 (L: 138-24.5 / H: 139-03)
  • Dec 30Y steady at at 174-3 (L: 173-30 / H: 174-29)
  • Dec Ultra 30Y up 7/32 at 217-25 (L: 217-13 / H: 219-14)

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