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

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Treasuries End Lower


Treasuries opened softer following foreign retail profit-taking in both Tokyo & London. By the New York open, half the overnight losses were pared.

Prices then sat in a tight range, erasing nearly all the session's losses on the back of the sharp drop in the Michigan consumer data. But the uptick was shortly reversed on the surge in the Chicago PMI report, with the employment component showing an impressive gain.

Treasuries fell sharply to the lows of the session. Some light retail month-end related buying stemmed further losses, with prices then moving sideways, but Treasuries hugged the lows into the early close.

The Treasury market will be closed Monday for the Memorial Day holiday.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus