Bond futures contracts maturing in September 2024 show a

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. After the Devers acquisition , Willy Adames may have been a forgotten man to those outside of San Francisco. However, he made sure he couldn’t be forgotten with his ferocious approach at the plate. That was all the more evident on Sunday, when Adames opened up the scoring with a 417-foot home run in Sunday’s matchup against the Colorado Rockies. Long basis positions have recently benefited from a confluence of favorable conditions: sustained availability of dealer intermediation capacity, higher volatility, rising yields, curve steepening and, in some cases, falling short-term rates. All were notable following the announcement of plans for sharply higher U.S. tariffs on April 2, 2025. Market depth in bond futures contracts points to strong appetite for duration exposure, aligning with end-of-quarter portfolio rebalancing strategies from pension funds.