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Tsys Hold Range Post-Empire Mfg Data, NY Fed Williams on CNBC

US TSY FUTURES
  • After scaling back from overnight highs to near steady, Treasury futures blipped higher following much lower than expected Empire manufacturing data -14.5 vs. 2.0 est, 9.1 prior.
  • Support is fleeting with 2s-10s mildly weaker now (TYH4 -4.5 at 112-12, 112-08 overnight low) curves flatter: 2Y10Y -3.327 at -50.281. NY Fed Williams headline: Fed not talking about rate cuts, not speculating on what will happen to rates.

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