The UST10-Year yield is at 1.730% this morning after closing at 1.755% on Thursday.
Treasury yields are slightly lower this morning as investors shift assets from equities into bonds. There is no economic data today but Fed Governor Tarullo and San Francisco Fed President Williams are schedule to speak on the economy.
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Treasury yields are slightly lower this morning as investors shift assets from equities into bonds. There is no economic data today but Fed Governor Tarullo and San Francisco Fed President Williams are schedule to speak on the economy.
Next Monday we have US Manufacturing PMI and Chicago Fed National Activity Index. On Tuesday there is Consumer Confidence, FHFA House Price Index and the Richmond Fed Manufacturing Index. Wednesday there is MBA Mortgage Applications, US Services PMI and New Home Sales.
The curve has bull-flattened with the UST 10-Year 2.5 bps down from prior closing.
Have A Wonderful Weekend!