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

Treasury Prices Finish Lower


Treasuries ended sharply lower in price Monday, trending lower all session. They caught a bid ahead of the open, but prices declined quickly following stronger than expected personal income and spending data (which sparked inflation concerns) and stayed pressured on further oil weakness.

Dealers and speculative accounts already began unwinding weekend event risk trades, but lower prices then intensified the selling pressure. Large curve flattening bets were also entered, with a good chunk of the contraction a function of weekend steepeners coming undone.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus