Mid-Session Interest Rate and Treasuries Report

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.

July 27th, 2012

US Treasury markets traded sharply lower following this morning’s second quarter GDP data. While the reading was in line with expectations, it was not quite as bad as some traders feared. This seemed to take some of the pressure off the Fed to provide more monetary stimulus next week. Additionally, risk-taking sentiment drafted support from further signs that European leaders, in concert with the ECB, could extend their bond buying program. This pressured September 30-Year Bonds to a new five session low and 10-Year Notes to their lowest level since July 6th.
*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
Emerging Offshore Chinese Renminbi Market



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Your email address will not be published.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 | BondMoves.com