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 13th, 2012
The Treasury market vaulted higher today in the wake of a broad based deterioration of global macro economic sentiment. Part of the slide in sentiment today was the result of disappointment from Chinese growth readings overnight and part of the negative view toward the economic condition today was the result of ongoing concerns toward Spanish and European debt. Hard down equity market action and somewhat softer than expected sentiment numbers simply rounded off the bull’s case today, especially if the European troubles remain front and center at the start of next week’s action.
*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