US TSYS: Post-Data React: Paring Losses

Jun-27 12:35
  • Fast two-way trade post-data, Tsys gap higher: Sep'24 10Y taps 110-05 high, reverses to 109-28.5, and is back to 110-02 (+0.0). 10Y yield 4.3157%, -.0137.
  • Initial jobless claims near in-line (233k vs. 235k est), continuing claims higher than expected (1.839M vs. 1.828M est). Personal Consumption 1.5% vs. 2.0% est, GDP 3.1% vs. 3.0% est.

Historical bullets

MNI: CANADA APR INDUSTRIAL PRICES +1.5% MOM; EX-ENERGY +1.4%

May-28 12:30



  • MNI: CANADA APR INDUSTRIAL PRICES +1.5% MOM; EX-ENERGY +1.4%
  • CANADA APR RAW MATERIALS PRICES +5.5% MOM; EX-ENERGY +5.3%

STIR: US morning option trades

May-28 12:28
  • SFRU4 94/97/94.81/94.75/94.62 broken p condor, traded for -0.75 in 2k.
  • SFRZ4 95.75c, traded 6.5 in 2k.

On block:

  • 0QU4 95.75/95.50ps traded 13 in 25.9k.

BOND SUMMARY: Treasuries and Gilt roll pace update

May-28 12:27
  • Ultra Bond: 59%.
  • Tbond: 55%.
  • Ultra 10: 56%.
  • Tnotes: 55%.
  • FVA: 57%.
  • TUA: 58%
  • Gilt: 74%.