May 30, 2024 14:05 GMT
Post-Pending Home Sales React
US TSYS
- Treasury futures holding near early session highs after weaker than expected Pending Home Sales: MoM -7.7% vs. -1.0 est (3.4% prior revised to 3.6%), YoY -0.8% vs. -2.0% est (-4.5% revised to -4.4%).
- Sep'24 10Y trades 108-14 last (+12) vs. 108-16.5 high; initial technical resistance at 108-19 (High May 29). Curves remain flatter, inside session range: 2s10s -1.030 at -37.326.
59 words