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Yld Curves Extend Highs

US TSY FUTURES CLOSE

Choppy employment data session, rates mostly weaker, long end underperforming despite Jan employ data miss: +49k vs. +105k exp; focus turned to drop in unemploy rate tp 6.3% vs. 6.7exp. Yield curves making new highs on better long end selling in second half.

  • 3M10Y +3.028, 113.654 (L: 108.872 / H: 114.79)
  • 2Y10Y +3.767, 106.173 (L: 101.574 / H: 107.279)
  • 2Y30Y +4.346, 186.658 (L: 180.913 / H: 187.112)
  • 5Y30Y +2.862, 150.78 (L: 146.799 / H: 150.853)
  • Current futures levels:
  • Mar 2Y up 0.625/32 at 110-16.125 (L: 110-15.5 / H: 110-16.25)
  • Mar 5Y down 0.25/32 at 125-26 (L: 125-22.5 / H: 125-28.75)
  • Mar 10Y down 3/32 at 136-22.5 (L: 136-16 / H: 136-29.5)
  • Mar 30Y down 23/32 at 166-24 (L: 166-13 / H: 167-23)
  • Mar Ultra 30Y down 1-16/32 at 200-11 (L: 199-26 / H: 202-09)

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