The U.S. Treasuries traded in low volumes Tuesday, returning from a long New Year holiday as investors wait to watch the Federal Open Market Committee’s (FOMC) December monetary policy meeting minutes, scheduled to be released on January 3 by 19:00GMT. Also, a host of other economic data through the latter half of this week will add further direction to the debt market.
The yield on the benchmark 10-year Treasuries rose 2 basis points to 2.43 percent, the super-long 30-year bond yields jumped nearly 4 basis points to 2.77 percent and the yield on the short-term 2-year traded nearly 1 basis point higher at 1.89 percent. by 10:30GMT.
Meanwhile, the S&P 500 Futures traded 0.15 percent higher at 2,680.00 by 11:30GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained highly bearish at -117.83 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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