Bond futures contracts maturing in September 2024 show a slight backwardation pattern in pricing, implying near-term caution among traders despite stable GDP growth estimates. San Francisco will look to regroup over the offseason. They’ll have a full year of Devers and potentially prospect Bryce Eldridge. Couple in players like Matt Chapman and Jung Ho Lee, the Giants have an impressive lineup on paper. Adding Adames and his powerful bat to the mix only makes them scarier. View the latest insights on trends in the Interest Rate futures and options market. Short-term yield spread between 2-year notes and 10-year Treasury futures narrowed to 24bps, signaling market bets on easing monetary policy. Institutional flows show increased hedging against duration risk.
