EURGBP TECHS: Bear Cycle Intact

Jan-28 19:00

* RES 4: 0.8813 76.4% retracement of the Nov 14 - Jan 6 bear leg * RES 3: 0.8797 High Dec 17 * RES 2...

Historical bullets

US TSY OPTIONS: Midcurve/Feb'26 10Y Put Spread

Dec-29 18:58
  • Over 11,000 wk2 TY/TYG6 112.5 put spds, 8 net credit - Feb sold over, wk2 midcurve  expires Friday Jan 9.

US TSY OPTIONS: Feb'26 10Y Vol Sale

Dec-29 18:50

-8,000 TYG6 112/113.5 strangles, 24.0 ref 112-23.5

US TSYS: Risk-Off Tone Rises, Trump on Russia Thorny Issues, Iran

Dec-29 18:38
  • Treasuries are back near early session lows, stocks remain weaker (SPX eminis -25.5 at 6953.75) as Pres Trump headlines make the rounds.
  • Speaking from Mar-A-Lago, Trump discusses phone call with Russia's Putin saying "WE HAVE A FEW 'THORNY' ISSUES WITH PUTIN ... ISSUES TO RESOLVE" Bbg -- no specifics.
  • However - bit of risk-off on: "TRUMP: NOW I HEAR IRAN IS BUILDING UP AGAIN .. WILL KNOCK IRAN OUT IF THEY ARE BUILDING UP AGAIN" Bbg.
  • TYH6 trades around 112-23.5 (+5) vs. 112-24.5 high, 10Y yield 4.1121% (-.0156).