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Post-Data Bounce of Lows

US TSYS
Tsy futures paring modest losses post-data (in-line wkly claims, continuing claims beat, durables beat but core cap goods weak). U-Mich sentiment and existing home sales next at 1000ET.
  • Bonds manage to trade back to steady briefly but dipping, yield curves mildly flatter, all on very light holiday volumes (TYH2 just over 160k).
  • Early session close today (1300ET), markets closed Friday for Christmas eve.

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