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Curves continue to steepen


Fed Terminal Moves Towards Post-FOMC Lows


Dutch DDA: 2.00% Jan-54 DSL - Allocations

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US DATA: Oct New Home Sales Above Expected At 733k SAAR
- Oct new home sales -0.7% to 733k SAAR vs expected 707k BBG
- Sept sales rev up to 738k SAAR from 701k; highest est since Jul 2007 
- Median home price +2.1% to $316,700; -3.5% y/y 
- Oct sales breakdown: NE -18.2%, MW +4.2%, South -3.3%, West +7.1% 
- Supply of new homes for sale +0.3% to 322k; -3.3% y/y 
- Months supply on the market 5.3 months from 5.2 months in September

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