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Post-Retail Sales React

US TSY FUTURES
Tsys little off lows after steady July Retail sales read vs. +0.1% est (prior 1.0% revised to +0.8%), but higher in Ex-Auto +0.4% MoM vs. -0.1% est (prior 1.0% revised to +0.9%), ex-Auto/Gas +0.7% vs. 0.4% est and Control Group +0.8% (prior 0.8% revised +0.7%) vs. 0.6% est.
  • Fast two-way trade on decent volumes continues (TYU2>475k already), yield curves moving steeper again after brief flattening.

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