Tuesday, April 1st, 2008
Some overnight flow:
Pension fund buyers of 10s
Central bank buying of 2 year sector
Asian buyers 10s
Central bank buyer of off the run 2year series
Option related selling 10a
Hot money buyers of 5s versus front end
Hedge fund selling 10s
Paying in the belly
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Tuesday, April 1st, 2008
Prices of Treasury coupon securities are taking a sharp tumble as the first trading day of Q2 2008 begins. The yield on the benchmark 2 year Treasury is higher by 6 basis points to 1.65 percent. The yield on the benchmark 5 year note has jumped by 8 basis points ...
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