Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

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 Unchanged


Treasuries ended unchanged. They opened modestly higher, led by weaker German IFO. Foreign retail was on both sides, but profit-taking dominated in Tokyo. Modest selling emerged on the New York open as final first-quarter U.S. gross domestic product rose 3.9%, missing expectations for a rise of 4.4%. However, the PCE deflator revised to up 3.2% from 3.0%, suggesting inflation was rising at faster than expected pace in the first quarter.

Gains in Michigan consumer data and strong existing home sales forced new lows. But those lows held, and the pullback lacked follow-through, so the weekend flight to safety surfaced. Explosives found in a car at Istanbul Airport, along with a deal pricing also helped the bid, but faded by the close.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus