Free Trial

Post-Existing Home Sale, Leading Index React - Delayed Dip

US TSYS
  • Treasury futures extend lows slightly following latest Existing Home Sales (4.11M vs. 4.10M est), MoM (-0.7% vs. -1.0% est). Leading index lower than expected (-0.5% vs. 0.3% est).
  • Muted overall reaction as Sep'24 10Y currently trades -2.5 at 110-15 just through post flash PMI data low of 110-16. Curves mildly steeper: 2s10s +.916 at -47.286, 5s30s +.212 at 12.291.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.