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Yield Curves Making New Multi-Yr Highs

US TSY FUTURES CLOSE

Futures trading mostly weaker, long end under pressure after ECB policy annc, futures tracked EGBs lower after ECB Pres LaGarde noted downside risks to the economy becoming less pronounced. Volumes surged on the move, while trade cooled in second half, holding to narrower range last few hours.

  • 3M10Y +2.896, 102.549 (L: 89.593 / H: 104.254)
  • 2Y10Y +2.792, 97.908 (L: 94.41 / H: 99.008)
  • 2Y30Y +4.145, 174.277 (L: 169.16 / H: 174.987)
  • 5Y30Y +3.578, 142.233 (L: 137.861 / H: 142.711)
  • Current futures levels:
  • Mar 2Y up 0.375/32 at 110-15.25 (L: 110-14.625 / H: 110-15.25)
  • Mar 5Y up 0.75/32 at 125-25.5 (L: 125-21.75 / H: 125-25.75)
  • Mar 10Y down 2/32 at 136-29 (L: 136-23.5 / H: 137-02)
  • Mar 30Y down 15/32 at 168-17 (L: 168-06 / H: 169-11)
  • Mar Ultra 30Y down 1-3/32 at 204-16 (L: 204-01 / H: 206-09)

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