US TSYS: Midday Update: Treasury Yields Rising With US Stocks
Jun-03 15:57
Treasury futures are trading mixed ahead midday, continuing to pare gains after this morning's higher than expected JOLTS job gains. Latest headlines/social media posting re: potential talk between Pres Trump and China's Xi notwithstanding.
Tsy Sep'25 10Y futures currently trades -2.5 to session low of 110-12.5, 10Y yield +.0238 at 4.4636%. Technical support well below at 109-12.5, May 22 low. Curves flatter/off lows: 2s10s -0.925 at 49.195, 5s30s -1.204 at 94.656.
Cross asset: Stocks gaining, top of range (SPX eminis +27.25 at 5974.5), Gold lower/off lows at 3349.56, Bbg US$ index remains firm at 1213.95 (+5.19).