US TSY FUTURES: Post-Data React

Sep-15 12:40

Tsys bounce off early session lows following raft of mixed data: Retail sales headline stronger than exp (0.3% vs. -0.1% est) while core and control segments weaker, Philly Fed mfg weaker than exp (-9.9 vs. 2.5 est), weekly claims lower than exp (213k vs. 227k est).

  • Tsys still weaker - but holding inside overnight range , yield curves flatter but off lows:
    • 3M10Y -1.176, 17.571 (L: 16.3 / H: 23.115)
    • 2Y10Y -1.575, -40.381 (L: -41.992 / H: -37.339)
    • 2Y30Y -3.596, -37.014 (L: -38.591 / H: -32.068)
    • 5Y30Y -3.349, -17.886 (L: -20.153 / H: -13.733)

Historical bullets

MNI: FOREIGN HOLDINGS OF CANADA SECURITIES -17.5B CAD IN JUN

Aug-16 12:30



  • MNI: FOREIGN HOLDINGS OF CANADA SECURITIES -17.5B CAD IN JUN
  • CANADIAN HOLDINGS OF FOREIGN SECURITIES -12.3B CAD IN JUN

MNI: US JUL HOUSING STARTS 1.446M; PERMITS 1.674M

Aug-16 12:30



  • MNI: US JUL HOUSING STARTS 1.446M; PERMITS 1.674M
  • US JUN STARTS REVISED TO 1.599M; PERMITS 1.696M
  • US JUL HOUSING COMPLETIONS 1.424M; JUN 1.409M (REV)

MNI: CANADA JUL CPI INFLATION +0.1% M/M, +7.6% YY

Aug-16 12:30



  • MNI: CANADA JUL CPI INFLATION +0.1% M/M, +7.6% YY