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Post-Retail Sales React, Yields Climbing

US TSY FUTURES

Tsy futures extended early session lows (30YY taps 3.8041%) after Jan Retail Sales climbs 3.0% vs. +1.9% forecasted, ex-auto/gas at +2.6% vs. -0.4% in Dec the strongest print since March 2021.
Yield curves bear flattening:

  • 3M10Y +2.09, -102.246 (L: -109.358 / H: -100.317)
  • 2Y10Y -3.159, -90.774 (L: -91.943 / H: -85.463)
  • 2Y30Y -4.26, -88.857 (L: -90.436 / H: -81.766)
  • 5Y30Y -2.95, -25.591 (L: -27.019 / H: -20.092)

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