US TSYS: Post-Data React

May-26 12:33

Fast two-way trade as Treasury futures reverse gains following flurry of data: Durable Goods Orders +1.1 vs. -1.0% est, PCE +0.4% vs. +0.3% est.; curves bending flatter, extend inversion with 2s10s down to -74.834.

Historical bullets

DATA REACT: USD Sees Only Brief Uptick on Better Durables

Apr-26 12:32
  • Very minor move higher in the USD on the back of the better-than-expected Durables headline, although move slightly countered by negative revisions to the prior.
  • E-mini S&P back to pre-data levels after printing 4103.75.

MNI:US MAR DURABLE NEW ORDERS +3.2%; EX-TRANSPORTATION +0.3%

Apr-26 12:30



  • MNI:US MAR DURABLE NEW ORDERS +3.2%; EX-TRANSPORTATION +0.3%
  • US FEB DURABLE GDS NEW ORDERS REV TO -1.2%
  • US MAR NONDEF CAP GDS ORDERS EX-AIR -0.4% V FEB -0.7%

EGB SYNDICATION: Finland 10-year: Priced

Apr-26 12:23
  • Size: E3bln WNG
  • Reoffer: 99.729 / 3.032%
  • Coupon: 3.00%
  • Books closed above E10.3bln (including E600mln JLMs interest)
  • Maturity: 15 September 2033
  • Settlement: 04 May 2023 (T+5)
  • Spread: MS-1bp
  • 2.30% Feb-33 Bund +65.7bp
  • Bookrunners: BNPP / CITI (B&D/DM) / CACIB / DB / NOMURA
  • ISIN: FI4000550249
  • Timing:
From market source / Bloomberg