Still weaker, Tsys pare losses after latest from Pres Trump threatens China with additional 50% tariff after China responed late last week with 34% duty in turn.
Tsy 10Y futures blipped to 112-25 from 112-04, 10Y yield slipped to 4.0619% now 4.0941%. Curves remain steeper, s2s10s +8.464 at 42.083.
Stocks reacted negatively to the latest, SPX eminis at 5044.0 (-67.0).
FED: US TSY 26W AUCTION: NON-COMP BIDS $1.542 BLN FROM $68.000 BLN TOTAL
Apr-07 15:15
US TSY 26W AUCTION: NON-COMP BIDS $1.542 BLN FROM $68.000 BLN TOTAL
FED: US TSY 13W AUCTION: NON-COMP BIDS $2.137 BLN FROM $76.000 BLN TOTAL
Apr-07 15:15
US TSY 13W AUCTION: NON-COMP BIDS $2.137 BLN FROM $76.000 BLN TOTAL