Markets & Finance

Treasury Yields Higher


From Standard & Poor's Equity ResearchAction Economics: Treasury yields remain fairly steady above overnight lows after the trade data mix, where the deficit narrowed in July, but only compared to a wider revised reading in June. Bonds remained focused on the better pre-open tone on Wall St. and Fed Chairman Bernanke's speech at 11 ET. The 10-year yield nosed up from 2-year lows near 4.31% late yesterday to 4.35% presently. The curve has narrowed to the +45 bp area on 2s-10s, about 3 basis points tighter overnight and compared to post-payrolls wides near +50 bp.


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus