Treasury futures holding modestly weaker levels, off lows after mixed goods data: Durables lower than expected, Cap Goods little higher with modest up-revision to prior.
The Mar'25 10Y contract trades -5.5 at 108-25.5, still above initial technical support at 108-16.5 (Dec 19 low). 10Y yld +.0261 at 4.5483%.
Next data: New Home Sales and Consumer Confidence at 1000ET, not to mention spate of Tsy supply that kicks off at 1000ET with $81B 13W & $72B 26W bills.
MNI: CANADA NOV INDUSTRIAL PRICES +0.6% MOM; EX-ENERGY +0.5%
Dec-23 13:30
MNI: CANADA NOV INDUSTRIAL PRICES +0.6% MOM; EX-ENERGY +0.5%
CANADA NOV RAW MATERIALS PRICES -0.5% MOM; EX-ENERGY +0.6%
MNI:US NOV DURABLE NEW ORDERS -1.1%; EX-TRANSPORTATION -0.1%
Dec-23 13:30
MNI:US NOV DURABLE NEW ORDERS -1.1%; EX-TRANSPORTATION -0.1%
US OCT DURABLE GDS NEW ORDERS REV TO +0.8%
US NOV NONDEF CAP GDS ORDERS EX-AIR +0.7% V OCT -0.1%