October 10, 2024 12:33 GMT
US TSYS: Post-CPI, Weekly Claims React
US TSYS
Fast two-way trade after higher than expected CPI and weekly claims data, Treasury futures gap lower (TYZ4 marks 111-22 low) then rebounds to 112-14 high, trades 112-09 last +2.5. Curves twist steeper, 2s10s +2.337 at 7.021.
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