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.

August 3rd, 2012

September 30-Year Bonds were on a negative track heading into this morning’s US unemployment report, pressured by a shift in sentiment toward yesterday’s ECB meeting. Prices turned even lower in the wake of July Payroll data that showed a larger than expected increase. The data offered a change in risk-taking sentiment and triggered greater movement out of safety assets. That trend gained further traction following service sector data that was also better than expected. The selling activity across the Treasury market pushed September 10-Year Notes to their lowest level since July 5th.
*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Your email address will not be published.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