- Jobless Claims
- 232k vs 230k f'cast, 227k prev
- Continued Claims
- 1863k vs 1870k f'cast, 1859k prev
Bonds were moderately weaker overnight in a move that is just as easily considered a show of respect for the consolidation range as anything. The initial impulse after the claims data was for a bit more selling, but that's already been reversed as bonds move back to pre-data levels.
MBS are down about an eighth and 10yr yields are up 3.5bps at 3.836.
