Free Trial

BMO Note Recent Highs Intact In 10-Year Yields, Don't Expect Range Break Ahead Of Weekend

US TSYS

In the wake of initial reaction to the NFP data, BMO note that “10-year yields remain in the prevailing range and have failed to retest the 4.427% level. Given the renewed emphasis on geopolitical risks, we suspect a reluctance to go home short over the weekend will support the Treasury market, as well as a round of post-payrolls short covering.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.