Reply To: Traders Market Weekly: Inflation and Bear Market Rallies

#41343
Truman
Participant

U.S. Treasuries are on track for a higher start, making for a continuation of yesterday’s intraday bounce.

Treasury futures inched higher after yesterday’s cash close, remaining near their best levels through the early evening. The market faced some light selling as the night went on but bounced off lows around the midpoint of the European session.

Yield Check:
2-yr: -4 bps to 3.06%
3-yr: -5 bps to 3.01%
5-yr: -5 bps to 2.82%
10-yr: -5 bps to 2.70%
30-yr: -3 bps to 2.95%