US DATA: PDFP Even Stronger Than First Thought In Q2

Aug-26 12:41

* Real GDP growth was unrevised at 1.5% in the second Q2 release (1.48% vs 1.50% initial) after 2....

Historical bullets

US TSYS: Post-Durables/Cap Goods React

Jul-27 12:39
  • Treasuries are holding moderately higher - near the bottom end of the overnight range after flash Durable Goods orders rebound (but less than expected) from prior, flash Cap Goods orders retreats from prior while flash Cap Goods ship rises.
  • TYU6 trades +6 at 108-16.5 vs. 108-15.5 low, yield -.0324 at 4.6446%. Technical resistance at the 20-day EMA is at 109-00. Short-term gains are considered corrective.
  • Next up: Dallas Fed Mfg Activity at 1030ET, followed by a busy US Treasury auction docket to avoid interference with Wednesday's FOMC: 2Y & 5Y notes along with 13W & 26W bills today, 7Y note & 6W bills on Tuesday.

MNI: US JUN DURABLE NEW ORDERS +0.3%; EX-TRANSPORTATION +0.6%

Jul-27 12:30
  • MNI: US JUN DURABLE NEW ORDERS +0.3%; EX-TRANSPORTATION +0.6%
  • US PRIOR MAY DURABLE GDS NEW ORDERS -4.0%
  • US JUN NONDEF CAP GDS ORDERS EX-AIR +0.9% V MAY +1.9%

MNI: US JUN DURABLE NEW ORDERS +0.3%

Jul-27 12:30
  • MNI: US JUN DURABLE NEW ORDERS +0.3%