Bonds Lower at Close
Treasuries lost ground at the close Monday in a day of very light trading. The market was just marking time ahead of key PPI and CPI reports, according to Action Economics. Yields gained during the course of the day as it reacted to the sharp drop in the price of oil, down $2 per barrel at one point during the day. The 10-year Treasury yield closed at 4.19%.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.