Halister News

Economic Release Details: {CONCCONF Index ECOD} --SCOTT LANMAN

Economic Release Details: {ISBRANN Index ECOD} --ALISA ODENHEIMER

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• SPCS 20 0.1% m/m; range 0% to 0.5% (19 estimates)
• SPCS 20 5.6% y/y; range 4.7% to 5.9% (20 estimates) ** “Burgeoning demand for housing continues to confront lean inventory levels, thereby driving further appreciation of home prices. In fact, the pace of gains appears to be modestly accelerating of late”: Bloomberg Intelligence

To contact the reporters on this story: Alex Tanzi in Washington at atanzi@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

(Bloomberg) -- Treasury futures (TY1) technical levels in focus.

• Daily trend bias: Bullish
• Comment: Powers higher to fresh 2017 highs as risk-aversion re-positioning catalyzes breakout; weekly chart developments deserve special notice, with price confirming ichimoku cloud breakout
  • Resistance: 127-24+; 127-29/-30; 129-18
  • Support: 127-01; 126-29+; 126-25+
• NOTE: Roll-adjusted by difference in GFUT
• NOTE: Earlier: UST Bears May Opportunistically Re-Engage at 2.05% Key Area
• NOTE: Sejul Gokal is a FICC technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice

To contact the reporter on this story: Sejul Gokal in London at sgokal1@bloomberg.net To contact the editors responsible for this story: Ven Ram at vram1@bloomberg.net Keith Jenkins