Bloomberg the Company & Products

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

Bonds Close Lower


S&P MARKETSCOPE: Treasurys fell as stronger than expected Industrial Production and Capacity Utilization reports bolster contentions by St. Louis Fed President Poole the Fed eventually will have to abandon its "measured" pace of credit tightening. A larger than expected PPI decline prevented a market rout. Inflation was not a major problem, even though oil futures rose today. Two-year Treasury notes fell 03/32 to 99-19/32 for yield of 3.229%. 10-year notes fell 13/32 to 100-09/32 for yield of 4.220%. 30-year Treasury bonds shed 21/32 to 109-19/32 for yield of 4.734%. The dollar is strong on the data and indications the Fed will continue to raise rates at the Feb. 1 to 2 meeting.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus