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Free AccessTreasuries improve off session lows.....>
US TSYS/30Y: Treasuries improve off session lows amid some risk jitters and mild
stock sales on a Bloomberg headline saying that US special counsel Robert
Mueller's probe has a "red-hot" focus on social media; story cited US officials
saying Russian alleged efforts to sway US voters through Facebook and other
social media is "red-hot" focus of Mueller probe into 2016 US election and other
potential alleged links to Pres. Trump associates. But the markets may have
freaked out a bit on the initial headlines, so it may be useful to wait until
the Mueller probe is done to see what shows up. "What does that mean exactly?"
pondered one trader.
- Some others noted Tsys market has some dip buying relief that the 3/10/30y
auctions are finished, so spurring some dip buying. While CPI out Thursday
morning is an open question still, some may be tweaking positions to get ready
for that event.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.