Treasuries are lower than yesterday at the opening of today’s session. The yield on the UST10-Year is currently at 2.940% after closing at 2.911% during the prior session.
The price on the 10-Year note continued lower at the opening of the session and following initial trading activity the yield reached levels just below this year’s peak yield. There are no clear signs for today’s price movement as risk assets also moved into the red in early trading.
The President of the Chicago Federal Reserve - Charles Evans - is scheduled to discuss monetary policy and the economy today at a Graaskamp Center Spring Board Conference in Chicago.
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The price on the 10-Year note continued lower at the opening of the session and following initial trading activity the yield reached levels just below this year’s peak yield. There are no clear signs for today’s price movement as risk assets also moved into the red in early trading.
There are no indicators releases scheduled for today. The economic calendar will resume on Monday with the Markit Manufacturing and Services Index, Home Sales and the Chicago Fed National Activity Index.
The President of the Chicago Federal Reserve - Charles Evans - is scheduled to discuss monetary policy and the economy today at a Graaskamp Center Spring Board Conference in Chicago.
The curve has bear-steepened with the UST 10-Year yield up 2.9 bps from prior closing.
Have A Wonderful Weekend!