Interest Rate and Treasuries Market Recap

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.


April 9th, 2012

The Treasury market forged a noted range up extension today in the wake of ongoing concern toward the pace of the US economy, especially since many traders think it could take a series of slow US readings to effectively alter the Fed’s on-hold bias. Noted downside action in US equities today seemed to add to the economic disappointment seen in the wake of the payrolls and it is also possible that US Treasuries were getting some lift from expectations of revived European debt concerns tonight. Despite a positive Chicago Fed Midwest manufacturing result, some players think that the Fed is potentially poised to relent on their recent shift toward tightening. Some traders suggest that the short trading session on Friday resulted in some carry over buying today.

*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

Dow Jones UBS Commodity Index Analysis

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

© Bond Market News Built for Bond Trading |