50k TYH6 calls at a 112.5 strike were purchased for 16 ticks vs TYH6 at 111-15+, Bloomberg reports citing traders; a trade that targets the US 10yr yield moving below 4.13%, expiry 20th February

50k TYH6 calls at a 112.5 strike were purchased for 16 ticks vs TYH6 at 111-15+, Bloomberg reports citing traders; a trade that targets the US 10yr yield moving below 4.13%, expiry 20th February.

The purchase of 50k TYH6 calls at a 112.5 strike suggests traders are positioning for a decline in US 10-year yields below 4.13%. This bullish bet indicates expectations of falling yields, potentially due to shifts in monetary policy or macroeconomic concerns. As these options expire on February 20th, it adds urgency to watch upcoming economic data or central bank signals that could affect yield trends.