The ISM Services PMI increased to 54.1% in December (Briefing.com consensus 53.0%) from 52.1% in November. The dividing line between expansion and contraction is 50.0%, so the December reading ...
U.S. Treasuries retreated on Tuesday with longer tenors pacing a slide that lifted the 30-yr yield to its highest level since November 2023 while the 10-yr yield hit its highest level since April.
High yield: 4.211% Bid-to-cover: 2.54 Indirect bid: 67.4% Direct bid: 17.7% Cookies are essential for making our site work. By using our site, you consent to the use of these cookies. Read our cookie ...
The trade deficit widened to $78.2 billion in November (Briefing.com consensus -$77.9 billion) from an upwardly revised $73.6 billion (from -$73.8 billion) in October. The widening was the result of ...
U.S. Treasuries saw some overnight buying interest once again, spurred on presumably by foreign investors pursuing interest rate differential trades. China's government bond yields fell to fresh ...
U.S. Treasuries trade on their lows after widening their initial losses in reaction to the December ISM Services report, which showed a big jump in the Prices Index (to 64.4 from 58.2) and an uptick ...
U.S. Treasuries are on track for a lower start with longer tenors set for an early continuation of yesterday's underperformance. Treasury futures spent the Asian session in a sideways range, falling ...
U.S. Treasuries have largely recovered from some overnight weakness that saw the 10-yr note yield hit 4.63%. The reversal is striking in that it has followed better-than-expected Services PMI readings ...
U.S. Treasuries saw some buying interest overnight with interest rate differentials playing a part in foreign interest. The overnight gains were lost, though, in the wake of the 10:00 a.m. ET release ...
U.S. Treasuries are on track for a lower start that is expected to push the 10-yr yield back to its December high after the 30-yr yield inched above the December high of its own on Monday. Overnight ...
High yield: 4.178% Bid-to-cover: 2.58 Indirect bid: 65.8% Direct bid: 17.8% The 3-yr note auction didn't impress as the high yield of 4.332% tailed the when-issued yield by 1.2 basis points. Overall ...