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Yields, Curves Receding

US TSY FUTURES

Tsy futures continue to make new highs over last hour, no obvious trigger (headline or not) as equities inch higher as well (ESH1 6.0). Underlying political risk likely to blame as Trump impeachment debate ongoing. Recent surge did coincide with headline: US House to receive security brief from FBI, FEMA at 1300ET. Yld curves coming off multi-year highs. Update:

  • 3M10Y -3.143, 100.889 (L: 100.379 / H: 104.463)
  • 2Y10Y -3.4, 94.814 (L: 94.304 / H: 98.16)
  • 2Y30Y -3.803, 168.692 (L: 168.4 / H: 172.708)
  • 5Y30Y -1.846, 135.237 (L: 134.976 / H: 137.865)
  • Current futures levels:
  • Mar 2Y steady at at 110-13.625 (L: 110-13.25 / H: 110-14)
  • Mar 5Y up 2.75/32 at 125-18.25 (L: 125-14.5 / H: 125-19)
  • Mar 10Y up 9/32 at 136-21.5 (L: 136-12 / H: 136-23)
  • Mar 30Y up 29/32 at 169-3 (L: 168-08 / H: 169-07)
  • Mar Ultra 30Y up 1-27/32 at 205-23 (L: 204-03 / H: 206-00)

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