Treasury Market Update

April 15th, 2014 1:40 pm | by John Jansen |

One dealer reporting very heavy flows in cash in belly of the curve. He has observed sellers of off the run 10s in favor of 2041 and 2042 paper. ( I believe that the actuaries have me dead out that far.) The same dealer notes that TY has outperformed 5s and  10s by 3 basis points since release of labor report. That does not sound like much but he also notes that spread has traded  in a six basis point range for nine months.

Be Sociable, Share!

Post a Comment