Archive for April, 2009
Wednesday, April 1st, 2009
ADP registered 742K of job losses in March. The consensus had expected about 663K. I prefer to wait for the real thing on Friday morning.
The market is slightly better bid following release of that report. One dealer reports end user buying of 10 years, hedge fund sellers of the 5 ...
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Wednesday, April 1st, 2009
European bond yields are generally a basis point or two lower. Peripherals such as Italy, Greece and Ireland are outperforming Germany.
The UK successfully covered a 6 year bond auction. There is a 30 year auction which will test demand tomorrow after the recent belly flop of a 40 year issue.
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Wednesday, April 1st, 2009
Prices of Treasury coupon securities have posted modest losses in overseas trading. Economic data released around the globe was on the soft side and stock markets registered modest losses.
The yield on the 2 year note has climbed 2 basis points to 0.82 percent. The yield on the 3 year note ...
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