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Yields Continue Climb; Long End BLOCK

US TSY FUTURES

Ylds back to mid-November levels (10YY +.0756 to 0.9145%; 30YY +.0836 at 1.6509%); heavy volumes as futures continue to sell-off, TYH over 1.1M already. Some stops triggered on latest down-trade at 1000ET, varied steepener interest.

  • BLOCK buy taking advantage of move +2,000 WNH at 212-20, through 212-13 post-time offer at 1040:20ET.

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