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US TSYS: Post-New Home Sales, Confidence Data React

US TSYS
  • Treasury futures had extended session lows (TYH5 108-23) heading into the data, sees moderate two way volume with TYH5 trading around 108-24 after New Home Sales comes out slightly lower than expected but prior up-revised. Meanwhile, Consumer Confidence comes out lower than expected with Board Expectations higher than expected.
  • Curves mixed at the moment, 2s10s paring earlier gains to 21.440 (+.668), 5s30s -.991 at 33.372
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  • Treasury futures had extended session lows (TYH5 108-23) heading into the data, sees moderate two way volume with TYH5 trading around 108-24 after New Home Sales comes out slightly lower than expected but prior up-revised. Meanwhile, Consumer Confidence comes out lower than expected with Board Expectations higher than expected.
  • Curves mixed at the moment, 2s10s paring earlier gains to 21.440 (+.668), 5s30s -.991 at 33.372