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 Finish Mixed


S&P MarketScope - Treasuries closed narrowly mixed. The 10-year note edged down 01/32 to 100-08/32 for a yield of 4.09%.

The 30-year bond edged up 01/32 to 115-03/32 for a yield of 4.34%. Early weakness drove the 10-year yield as high as 4.15%.

There is a lot of talk about an asset allocation shift into equities and out of bonds, which may account for some of the price weakness from Friday to this morning. Stocks extended gains from Friday, pushing the NASDAQ to its highest since Jan. 4, 2005.

Bond activity could be driven this week by position adjustments ahead of the June CPI report on Thursday. The PPI comes out Friday. There were no key reports out today to drive market direction. Oil prices fell. The greenback weakened.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus