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Post-Data React Update

US TSY FUTURES
  • Still lower, Treasury futures have completely reversed the initial sell-off -- and are extending the top end of the early session range: Jun'24 10Y futures trading around 110-21 to -22 vs. 110-17 low. Curves off flatter levels, 2s10s -1.590 at -39.789.
  • Next up: MNI Chicago PMI at 0945ET, followed by Pending Home Sales and UofM Sentiment at 1000ET. Kansas City Fed Mfg Activity wraps up the day at 1100ET.

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