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Post-ECI React

US TSY FUTURES

Tsys reprice higher after Q4 ECI data rises less than expected: 1% vs. 1.1% est (Q3 1.2%). Equities bounce back to steady as well (ESH3 4032.5). Yield curves running mixed:

  • 3M10Y -7.405, -119.879 (L: -123.135 / H: -114.99)
  • 2Y10Y +0.114, -70.253 (L: -72.239 / H: -69.565)
  • 2Y30Y +1.344, -57.474 (L: -60.32 / H: -56.523)
  • 5Y30Y +2.159, 0.984 (L: -1.973 / H: 2.149)

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