May 31, 2024 12:33 GMT
Post-PCE React
US TSYS
- Treasury futures rebound/extend highs after in-line PCE Deflator MoM (0.3% vs. 0.3% est); YoY (2.7% vs. 2.7% est) and PCE Core Deflator MoM (0.2% vs. 0.2% est); YoY (2.8% vs. 2.8% est).
- Meanwhile, Personal Income (0.5% vs. 0.3% est), Personal Spending (0.2% vs. 0.3% est).
- Sep'24 trades +3 at 108-20.5 vs. 108-22 high, initial technical resistance at 108-31 (20-day EMA); curves flatter: 2s10s -1.170 at -39.462.
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