Lyngen/Hill BMO Close: Too Much Dip?THURSDAY'S LEVELS: 2s: 100-03 1.571%, 5s: 100-13 1.667%, 10s: 98-27 1.879%,2s/10s: 30.59 bp, EDH0: 98-09, TYH0: 128-21+, USH0: 156-19, S&P: 3245.• Initial Jobless Claims, week ended Dec 28 – 222k vs. 220k consensus and prior was revised to 224k from 222k. Continuing Claims, week ended Dec 21 – 1728k vs. 1680k expected and prior was revised to 1723k from 1719k.• Challenger Job Cuts, Dec – came in at -25.2%, down from -16.0% in Nov; in level terms, the 32.8k read is the lowest since July 2018.