+10,500 TUU5 103-19.62, buy through 103-19.38 post time offer at 0906:29ET, DV01 $386,000.
The 2Y contract trades 103-19.5 last (+.88).
US TSYS: Post-IP/Cap-U React
Jun-17 13:21
Treasuries gain slightly after latest round of data: slightly lower Industrial Production w/ prior up-revised, Capacity Utilization and Mfg Production in-line.
Tsy Sep'25 10Y futures trades +6 at 110-21.5 vs. 111-00 high, below key resistance and its recent high of 111-14+, a Fibonacci retracement and the Jun 5 high. Clearance of this hurdle would be bullish and highlight a stronger reversal. This would open 111-30, a Fibonacci retracement.
Curves mixed, 2s10s -0.914 at 46.645, 5s30s +.065 at 92.111. 10Y yield at 4.4185% vs. 4.3770% low.
Cross asset: Stocks remain weaker (SPX eminis -28.75 at 6061.0), Gold mildly higher at 3394.00, Bbg US$ index little changed at 1202.70 +0.11.