- Fast two-way trade followed the latest round of GDP & Personal Consumption data and refunding guidance (no change), futures initially moved off early session lows before extending lows: Dec'24 10Y slips to 110-22 low (-2).
- Still well above initial technical support of 110-09.5 (yesterday's low); curves flatter: 2s10s -3.725 at 11.650; 10Y yield taps 4.2702% high.
- Focus turns to UK budget release.
US TSYS: Post-GDP, Personal Consumption React
Last updated at:Oct-30 12:37By: Bill Sokolis
US Treasuries+ 1
- Fast two-way trade followed the latest round of GDP & Personal Consumption data and refunding guidance (no change), futures initially moved off early session lows before extending lows: Dec'24 10Y slips to 110-22 low (-2).
- Still well above initial technical support of 110-09.5 (yesterday's low); curves flatter: 2s10s -3.725 at 11.650; 10Y yield taps 4.2702% high.
- Focus turns to UK budget release.
