January 05, 2025 23:17 GMT
US TSYS: Re-Opens Weaker, Day Of Mourning On Thursday
US TSYS
TYH5 is 108-16+, -0-04 from NY closing levels.
- Tsy futures finished last week near session lows following the December manufacturing ISM survey, which beat expectations. The headline reading of 49.3 improved from 48.4 prior and a 9-month high, besting the survey expectation of 48.4.
- This week, US economic data and Treasury supply are being brought forward to accommodate Thursday's "day of mourning" to honour President Carter. The Federal holiday sees most markets closed; the exception so far is CME rates, which will operate on a shortened session.
- Thursday's weekly jobless and continuing claims will be released on Wednesday according to the Dept of Labor site.
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