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Post-Data Update, Bonds Extend Highs

US TSY FUTURES

Front month Tsy futures extending highs after lower than expected PPI (MoM -0.1% vs. 0.3%; YoY 4.6% vs. 5.5% est), Empire State -24.6 vs. -7.9 expected, Retail Sales in line (-0.4%).
Yield curves see-sawing higher as short end support outpaces bonds, 2s10s appr -44.0, front month 2Y futures trade 103-19 (+18.38) w/ 2Y yields back below 4% at 3.9227% (-.3277). Exceptionally wide ranges persist.

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