US TSYS: Early SOFR/Treasury Option Roundup
SOFR & Treasury options trade outlined below: SOFR volumes leaning toward upside calls, Treasury options leaning towards 10Y puts for second consecutive session. Underlying futures retreating - extending lows, 10Y yield +.0225 at 5.3220%. Rate hike projections vs. late Tuesday levels (*): Oct'26 at +12.4bp (+12.2bp), D