• While Treasury futures had already started to decline after the 7Y auction tailed, futures gapped to new session lows (TYU3 111-03, -1-01.5) after Bbg posted "
  • BOJ TO DISCUSS YCC TWEAK TO ALLOW RATES OVER 0.5%" rehashing a NIKKEI story from earlier that suggested the possibility of teaks to YCC.
  • Futures already rebounding after knee-jerk sale, TYU3 back to 111-11, -25.5.

US TSY FUTURES: Bond Extend Lows Post-Auction, More Reaction to BoJ YCC Headline

Last updated at:Jul-27 17:23By: Bill Sokolis
  • While Treasury futures had already started to decline after the 7Y auction tailed, futures gapped to new session lows (TYU3 111-03, -1-01.5) after Bbg posted "
  • BOJ TO DISCUSS YCC TWEAK TO ALLOW RATES OVER 0.5%" rehashing a NIKKEI story from earlier that suggested the possibility of teaks to YCC.
  • Futures already rebounding after knee-jerk sale, TYU3 back to 111-11, -25.5.

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