Treasury Yields Steady after Data

Treasury Yields Steady after Data

From Standard & Poor's Equity ResearchAction Economics: Yields steadied near session lows mid-morning Wednesday after the business inventory report came in near expectations and didn't really add any color to the earlier large mood swing on Treasuries. The firm early round of retail sales and import price data had shoved yields to trend highs, only to be knocked down by good central bank buying on the 30-year and reports of hedge fund troubles and one investment bank.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.