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Post-Data Update, Extending Highs

US TSY FUTURES
  • Treasury futures extending session highs in the last couple minutes, two-way positioning cleared out after lower than expected PPI (-0.3% vs. -0.1% est).
  • Front month 10Y futures climbs +16 to 113-05.5, yield slips to 3.7745% low.
  • Still a ways to go to reach initial resistance of 114-00 High Jun 13 - yesterday's high. clear break opens up 114-06+ / 114-23 High Jun 6 / 50-day EMA.
  • Stocks close to steady ahead the cash open, SPX eminis +2.25 at 44.19.0

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