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Treasuries are still sliding, 10Y Yield.....>

US TSYS
US TSYS: Treasuries are still sliding, 10Y Yield is at 2.28% near session high
yields. FTN Financial's Jim Vogel said recently that 7-year notes are "possibly
too cheap based on FOMC consensus about 1.50% by December. Only 4 see remaining
at 1.25% for rest of 2017 as an option. With those numbers for Dec, hike in
March should have better than 25%-30% odds where they currently sit."
- He adds that "so if 2s and 3s are rich just to a 1.50% hike this year, it is
difficult for them to fall further in yield, given they don't incorporate enough
hikes next year against today's statement. The Fed could be wrong, but that's a
lot to assume this afternoon."

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