April 30, 2024 13:48 GMT
Post-Chicago PMI React
US TSYS
- Treasury futures holding lower levels after much lower than expected MNI Chicago PMI comes out at 37.9 vs 45.0 est (41.4 prior).
- Little to no reaction to the contractionary data, Jun'24 10Y trades 107-19 (-11.5), above initial technical resistance of 107-04 (Low Apr 25). 10Y yield tap 4.6695% high.
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