- Treasury futures are extending session highs at the moment: Dec'24 10Y trading 111-02 (0.0), 10Y yield -.0119 at 4.2280%, 30Y +3 at 118-12.
- Gap trade early overnight as markets reacted to Israel's limited strike against Iran (note crude prices have fallen sharply: WTI -4.56 at 67.22), saw 10Y futures fall to 110-18.5 low vs. Friday's 111-02 settle, 10Y yield climbing to 4.2901% high - before quickly rebounding to 110-27.5.
- Discounting geopolitical risks, market turns focus on this Friday's headline employment report for October, ADP Wednesday, not to mention a heavy corporate earning's docket this week and month end extension.
US TSY FUTURES: Paring Losses
Last updated at:Oct-28 13:23By: Bill Sokolis
US Treasuries+ 1
- Treasury futures are extending session highs at the moment: Dec'24 10Y trading 111-02 (0.0), 10Y yield -.0119 at 4.2280%, 30Y +3 at 118-12.
- Gap trade early overnight as markets reacted to Israel's limited strike against Iran (note crude prices have fallen sharply: WTI -4.56 at 67.22), saw 10Y futures fall to 110-18.5 low vs. Friday's 111-02 settle, 10Y yield climbing to 4.2901% high - before quickly rebounding to 110-27.5.
- Discounting geopolitical risks, market turns focus on this Friday's headline employment report for October, ADP Wednesday, not to mention a heavy corporate earning's docket this week and month end extension.
