Free Trial

US TSYS: Post-Weekly Claims, ReactUnit Labor Cost

US TSYS
  • Treasury futures remain mixed, paring gains in 2s-10s after lower than expected weekly claims, continuing claims higher than expected but with a down-revision to prior; Unit Labor costs lower than expected.
  • The Jun'25 10Y contract trades -1.5 at 110-26.5 after vs. 110-30 high, still well inside technicals: resistance above at 111-15 (yesterday's high) followed by 112-01/02 (High Mar 4 / 1.382 proj of Jan 13-Feb 7-12 swing), support below at 110-12.5/110-00 (Intraday low / High Feb 7).
  • Curves still steeper - but off highs: 2s10s +5.385 at 32.349, 5s30s +3.837 at 53.172.
90 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Treasury futures remain mixed, paring gains in 2s-10s after lower than expected weekly claims, continuing claims higher than expected but with a down-revision to prior; Unit Labor costs lower than expected.
  • The Jun'25 10Y contract trades -1.5 at 110-26.5 after vs. 110-30 high, still well inside technicals: resistance above at 111-15 (yesterday's high) followed by 112-01/02 (High Mar 4 / 1.382 proj of Jan 13-Feb 7-12 swing), support below at 110-12.5/110-00 (Intraday low / High Feb 7).
  • Curves still steeper - but off highs: 2s10s +5.385 at 32.349, 5s30s +3.837 at 53.172.