The U.S. Treasuries surged during Monday’s afternoon session ahead of a host of speeches by members of the Federal Open Market Committee (FOMC) – Williams, Bullard and Daly scheduled to be delivered today by 13:50GMT, 17:00GMT and 18:30GMT respectively.
The yield on the benchmark 10-year Treasury yield slumped 6-1/2 basis points to 1.689 percent, the super-long 30-year bond yield plunged 7 percent to 2.127 percent and the yield on the short-term 2-year traded nearly 5 basis points down at 1.665 percent by 11:55GMT.
After US stocks moved broadly sideways yesterday (the S&P500 closed unchanged on the day), a number of Asian-Pacific markets also trod water today. Japan’s main indices were a case in point, with the Topix closing unchanged on the day as August inflation data predictably showed little signs of life, Daiwa Capital Markets reported.
Final Q2 GDP numbers – also to be published on Thursday – are likely to confirm annualised growth of 2.0 percent q/q, while advance goods trade and inventories figures for August will be closely watched for economic momentum in Q3, the report added.
Meanwhile, the S&P 500 Futures remained tad 0.15 percent up at 3,012.38 by 12:00GMT.


Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 



