MNI: US REDBOOK: AUG STORE SALES +6.0% V YR AGO MO
Aug-26 12:55
MNI: US REDBOOK: AUG STORE SALES +6.0% V YR AGO MO
US REDBOOK: STORE SALES +6.5% WK ENDED AUG 23 V YR AGO WK
US TSYS: Post-Data React
Aug-26 12:34
Treasury futures pare gains after higher than expected Durable/Cap Goods Orders, Philadelphia Fed Non-Mfg Activity declines.
Tsy Sep'25 10Y futures currently trades +1.5 at 112-00.5 vs. 112-03 high. Sights are on 112-15+, the Aug 5 high and the bull trigger. Clearance of this hurdle would resume the uptrend and pave the way for a climb towards 112-23 initially, the May 1 high.
Curves twist steeper: 2s10s +2.367 at 57.312, 5s30s +4.066 at 114.350.
Little react in US$ after scaling back Monday's late gain, BBDXY -2.76 at 1204.85.
GILTS: Roll Pace Update
Aug-26 12:33
A decent clip in the Gilt spread, ~20k trades on legs at 3.
The spread has mostly been bought, but remains in its tight 1/5 low/range seen in the past 11 sessions.
Gilt roll Pace is at 82% completion, and expect for the December to be front Month by the end of day, or at the very least Tomorrow.