Commentary / Economy

Add as a preferred source on Google

U.S. Treasuries gain on short-covering amid muted trading session

The U.S. Treasuries jumped in an uneventful day with no economic data of note due for release. The yield on the benchmark 10-year Treasury, slumped 2-1/2 basis points to 2.24 percent, the super-long 30-year bond yields p…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

The U.S. Treasuries jumped in an uneventful day with no economic data of note due for release.

The yield on the benchmark 10-year Treasury, slumped 2-1/2 basis points to 2.24 percent, the super-long 30-year bond yields plunged nearly 3 basis points to 2.81 percent and the yield on short-term 2-year note remained nearly 1-1/2 basis points lower at 1.34 percent by 11:20GMT.

Meanwhile, the S&P 500 Futures traded almost flat at 2,471.50 by 11:50GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -48.07 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

Related articles

View all