BondMoves would like to thank the CME Group for allowing us to reprint the following information. Click here to view all CME Group Market Commentary and Analysis. All copyrights are retained by the CME Group.
March 26th, 2012
US Treasury markets trended lower throughout the trading session, pressured by improving European debt conditions and ahead of this week’s $99 billion in coupon supply. This morning’s sentiment reading in German came in above expectations, and there were some discussions of Germany letting two European rescue funds work together, and that reduced demand for safe-haven government debt. June 30-Year Bonds traded higher in the wake of comments from Fed Chairman Ben Bernanke that raised concerns over US economic growth sufficient to bring down unemployment. Some traders took the comments to mean that the door was still open for more quantitative easing.
*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
Related Links To CME Educational Content:
Market Commentary and Analysis for Multiple Markets