Brief Update
April 8th, 2009 12:51 pm | by John Jansen |The Open Market Desk purchase in the 1year through 2 year sector was on the slim side and especially slim in the waning moments prior to the 3 year note auction.
Consequently, traders are shellacking the front end of the yield curve as they set up for the bidding in just 10 minutes.
The 2year/10 year is 192 basis after opening at 198.
The 2year/5year/30 year is at 90 after opening around 95.
