Treasuries rose, extending their first monthly gain since November, before a report that economists claim will show durable goods fell.
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Tag Archives | Nasdaq up
Uncertainty Around Italian Election Impacts U.S. Stocks – Market Update
Yesterday we saw uncertainty around Italian elections, which led to a major sell-off in the stock market, and Dow posting it’s worst day of the calendar year.
Bond Markets Open High – Market Update
The bond markets are opening somewhat higher this morning ahead of tomorrow’s release of the minutes of the Federal Reserve’s latest policy meeting.
Level of Treasuries Held by Dealers Decreases – Market Update
A couple of reports released yesterday showed that the level of treasuries held by dealers dropped, which caused a demand for treasuries.
Treasuries Fall for Third Consecutive Day – Market Update
Treasuries fell for a third day as the government prepares to auction off $24 billion of 10-year notes today.
Treasury 10-Year Notes Rose for Third Straight Day – Market Update
Treasury 10-year notes rose for a third day as efforts to trim the European Union budget added to concern that the region’s economy will struggle to expand, boosting demand for safer assets.
U.S. Service Industries Expanded in January – Market Update
Treasuries declined before economic reports showed U.S. service industries expanded in January. Ten-year yields climbed as euro-area data showed services and manufacturing output shrank less than expected.
Stocks Rising This Morning – Market Update
The bond market is up this morning with the rally being driven by a disappointing unemployment report. There are still lesser economic numbers getting released throughout the day, which has the potential to move the markets.
Consumer Spending Hits Eight-Year High – Market Update
The report on unemployment benefits showed that claims increased more than forecasted last week, and the market gave up some of its gains. Also, consumer spending in the U.S. climbed last month by the most it has in eight years.
U.S. Economy Contracted in Fourth Quarter – Market Update
U.S. Treasuries and MBS prices are rallying, which is helping off-set most of the losses we incurred after a mid-day reprice yesterday.
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