May 30, 2024 12:33 GMT
Post-GDP, Weekly Claims React
US TSYS
- Treasury futures extend gains after weekly claims comes out a little higher than expected at 218k vs. 217k est (prior revised to 216k from 215k), continuing claims lower than expected at 1.791M vs. 1.796M est (prior down-revised to 1.797M from 1.794M).
- GDP in-line at 1.3% while Personal Consumption slips to 2.0% from 2.5% prior (2.2% est).
- Sep'24 trades +10 at 108-12 (session high), curves flatter: 2s10s -1.490 at -37.786.
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