No downward revisions to last month's decent retail sales readings and a much stronger than expected result for the current report...
This is putting clear and immediate upward pressure on yields with 10yr TSYs up almost 2 bps in the first few minutes (currently 4.058).
MBS are down a quick 2 ticks (.06).
No downward revisions to last month's decent retail sales readings and a much stronger than expected result for the current report...
This is putting clear and immediate upward pressure on yields with 10yr TSYs up almost 2 bps in the first few minutes (currently 4.058).
MBS are down a quick 2 ticks (.06).