December 2, 2020 Headlines

December 2, 2020 Headlines Treasury prices were essentially unchanged following yesterday’s sell-off that sent the 10-year yield 9 bps higher and the yield curve 7 bps steeper. The primary catalyst for yesterday’s move was reports of progress on stimulus negotiations...

December 1, 2020 Headlines

December 1, 2020 Headlines Treasury yields are higher this morning following better than expected economic data from China and Europe. All major global equity indices are higher on the day, and S&P 500 futures are up 0.91% ahead of the open. China’s Caixin PMI...

November 30, 2020 Headlines

November 30, 2020 Headlines Treasury prices are slightly lower this morning despite general weakness in major global equity indices overnight. Moderna plans to seek regulatory approval today for its COVID vaccine in both the U.S. and Europe according to Bloomberg. The...

November 27, 2020 Headlines

November 27, 2020 Headlines Treasury prices are drifting higher on expectedly light trading volume. The bond market will close early at 2pm Eastern Time.  The minutes of the November 5 FOMC meeting were released Wednesday afternoon, and market participants were mostly...

November 25, 2020 Headlines

November 25, 2020 Headlines Treasuries and equity futures are little changed on a quiet pre-Thanksgiving trading session despite a busy economic calendar this morning. Initial jobless claims rose for the second consecutive week, the first back-to-back increase since...