Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Markets & Finance

Treasuries Finish Slightly Lower


Treasuries opened modestly lower, then moved higher as personal income and consumption data suggested Americans are earning less, but spending more - not economy friendly. As 10-year note yield remained below 4%, an underlying bid persisted.

However, while ISM ticked down, the employment component rose sharply. This bit of news became the market's focus, which subsequently reversed the price action into negative territory. However, short covering, mostly from specs, pared most of the losses. Several deal pricings gave Treasuries a boost (rate-lock buying), but prices remained in the red. From Informa Global Markets


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus