April 30, 2024 12:33 GMT
Post-ECI React: Gaps Lower
US TSYS
- Treasury futures gap lower after higher than expected Employment Cost Index (1.2% vs. 1.0% est, 0.9% prior). Jun'24 10Y falls to 107-16 low (-14.5) rebounds to 107-20 last, above initial technical resistance of 107-04 (Low Apr 25). 10Y yield tap 4.6695% high.
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