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Post-Retail Sales, Import/Export Data React

US TSYS

Treasury futures reverse gains/gap lower after Retails sales comes out higher than expected, Import YoY prices higher as well. Tsy Sep'24 10Y futures trade down to 111-01 (+1.5) have bounced back to 111-06 (+6.5). Curves scaling back a portion of Monday's steepening: 2s10s -1.772 at -24.789.

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