January 31, 2023 14:55 GMT
Post-PMI React
US TSY FUTURES
Tsys largely ignored the modest contraction in Chicago PMI data: 44.3 vs expected 45.0 and last of 44.9. Tsys see unrelated sell interest a few minutes after the data (30YY currently 3.6429% -.0091), futures near middle of session range, yield curves mildly steeper:
- 3M10Y -7.48, -119.954 (L: -123.135 / H: -114.99)
- 2Y10Y -0.092, -70.459 (L: -72.239 / H: -69.565)
- 2Y30Y +1.882, -56.936 (L: -60.32 / H: -56.523)
- 5Y30Y +2.978, 1.803 (L: -1.973 / H: 2.149
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