December 26, 2024 13:34 GMT
US TSYS: Post-Weekly Claims React
US TSYS
- Treasury futures bounced off session lows briefly - followed by 10Y extending low to 108-07.5 (-10.5) after weekly claims comes out slightly lower than expected, continuing claims higher than expected but tempered by down revision to prior read.
- Curves still steeper but off highs: 2s10s +1.567 at 26.575 vs. 27.611, 5s30s +1.199 at 32.315 vs. 33.404.
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