March 06, 2025 13:33 GMT
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.
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