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Data React: Tsy Dip Post-ADP

US TSY FUTURES

Still holding inside session range, Tsys pared recent gains after higher than expected Oct ADP jobs gain of +239k vs. +185k est, Sep down-revision to +192k frm +208k.
Yield curves off steeper levels:

  • 3M10Y -2.148, -14.172 (L: -16.399 / H: -11.272)
  • 2Y10Y +1.054, -49.846 (L: -51.107 / H: -45.9)
  • 2Y30Y +2.179, -43.718 (L: -44.967 / H: -38.695)
  • 5Y30Y +2.849, -15.009 (L: -17.225 / H: -12.373)

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