October 24, 2024 12:34 GMT
US TSYS: Post-Weekly Claims React
US TSYS
- Still bid, Treasuries pair gains after lower than anticipated weekly claims, while continuing claims comes out higher than expected.
- The Dec'24 10Y contract slips to 111-07 (+6) from 111-12 prior. Initial technical support at 111-04 200-dma/110-30.5 Low Oct 23. Curves are mixed, 2s10s -1.338 at 15.004, 5s30s +.965 at 46.941.
- Next up, S&P Global US flash PMIs at 0945ET followed by New Home Sales at 1000ET
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