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May 22, 2013 -- Updated March 16, 2012 01:50 HKT

US Treasuries finish flat


shayne@heffcap.com
Posted on: Mar 16th, 2012

US Treasuries finish flat to little changed
10-Yr: -01/32..2.280%.. USD-JPY: 83.47.. EUR-USD: 1.3085
US Treasuries finished the day little changed after seeing heavy losses in the overnight session.
Maturities across the complex saw at worst minimal losses after 2 days of aggressive selling.
The long bond finished down 5/32 at 94 19/32 after overnight selling dropped the 30-yr to a low of 93 08/32.
Selling that took place over the prior 2 sessions dropped the long bond more than 4 pts.
A flat finish for the 10-yr saw its yield close at 2.281% after hitting an overnight high of 2.341%.
The yield curve swung steeper as the 2-10-yr spread finished the session at 191.5 bps.
Friday’s data is the most anticipated of the week as CPI, core CPI (8:30), industrial production, capacity utilization (9:15), and Michigan Sentiment (9:55) cross the wires.

 

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.



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Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!

Tue, 04/30/13 | 0 Comment

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Guest: gsat get it now. if u snooze u lose

Fri, 04/19/13 | 0 Comment

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