Treasury yields tumble following fresh U.S. indicators.
The 1Q GDP contraction is revised to 0.2% from 0.3%, beating consensus of a 0.4% shrinkage in a WSJ survey. Weekly jobless claims rise to 240,000 from a downwardly revised 226,000, versus consensus of 230,000. April PCE inflation is due tomorrow.
Yields were rising amid an improved mood in financial markets following a legal roadblock to Trump tariffs, but changed direction after the data.
