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.

August 13th, 2012

September 30-Year Bonds rallied during the early US trading hours, helped by weakness in global equity markets, concerns over slowing economic growth and ideas that last week’s decline might have been overextended. Early support in the Treasury market came in response to weaker than expected economic data in Japan, which seemed to underscore the threat of a slowing global growth. The US Fed bought nearly $2.0 billion of longer-dated Treasuries earlier in the session as part of their operation twist program, and that might have lent a level of support to the Bond market during the later morning hours. September 30-Year Bonds traded to a new five day high, but were unable to hold gains above the 149-00 level going into the close. The market receives the latest second quarter growth data out of the Euro zone tomorrow morning, followed by July US Retail Sales and Producer Prices.

*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Your email address will not be published.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 |