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 17th, 2012

US Treasury markets grinded higher during the morning hours but remained inside of yesterday’s wide range decline. This morning’s flow of US economic data showed consumer sentiment coming in ahead of expectations, and that did little to break the early advance. Some traders indicated that this week’s more than 4-00 decline in September 30-Year Bonds might have reached an area of support. Perhaps the lower price has attracted a measure of bargain hunting interest for a corrective rebound higher.
*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Your email address will not be published.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