STIR: Hawkish Shift In Fed Rates Continues

Oct-23 16:39

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* US rates are towards their most hawkish of the day, with no let up in the surge in crude oil fut...

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US TSY FUTURES: BLOCK: Dec'25 10Y Buy, Testing Highs/Reverses

Sep-23 16:36
  • Treasury futures have rebounded from late morning lows with 10s tapping early session high (112-27.5, +5) after block buy below - now retracing.
  • +10,400 TYZ5 112-26, buy through 112-25.5 post time offer at 1218:28ET, DV01 $707,000.
  • The contract trades 112-24 last (+1.5)

ITALY AUCTION PREVIEW: On offer this week

Sep-23 16:26

MEF has announced it will be looking to sell the following at its auction this Friday, September 26:

  • E3.50-4.00bln of the new 2.85% Feb-31 BTP (ISIN tba)
  • E1.50-2.00bln of the 3.60% Oct-35 BTP (ISIN: IT0005648149)
  • E1.00-1.25bln of the 4.00% Apr-35 BTP Green (ISIN: IT0005508590)
  • E1.00-1.50bln of the 1.05% Apr-34 CCTeu (ISIN: IT0005652828)

US TSY FUTURES: BLOCK: Recent Dec'25 2Y/10Y Flattener

Sep-23 16:25
  • Flattener block posted at 1146:38ET, appr DV01 $355,000.
  • -8,902 TUZ5 104-08.25, post time bid vs. +5,211 TYZ5 112-25, buy through 112-24.5 post time offer