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Sharp Two-Way Post-Data

US TSY FUTURES

Sharp two-way trade post-data (Sep NFP +196k vs. +500k est), Bonds blip higher on the consensus miss of +196k while Jul/Aug total revision gain of +169k sees bid on initial data point evaporate, trade back lower. Inside range so far, yield curves bounce:

  • 3M10Y +0.794, 152.51 (L: 148.096 / H: 154.629)
  • 2Y10Y +0.798, 127.145 (L: 125.324 / H: 128.369)
  • 2Y30Y +1.563, 183.243 (L: 180.725 / H: 184.548)
  • 5Y30Y +1.706, 111.987 (L: 109.08 / H: 112.298)

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