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 10th, 2012

US Treasury markets traded higher throughout the overnight and early morning, helped by a pull back in risk-taking sentiment. Data overnight from China showed a weaker than expected read on export activity, as well as loan growth, and that was taken as a sign that the economy could be slowing further. Fears of slowing growth fueled a move back into safe-haven assets like US government debt. Some traders suggested that the weak Chinese data raised the prospect for more aggressive action by their central bank. September 30-Year Bonds stood about one and a half points above yesterday’s low.
—–
*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

Mesch Market Outlook

 

 

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Your email address will not be published.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
CyberChimps