Contact us (+ 7 (921) 446-25-10)
Texting is available for authorized users.
Please register or log in at the website.
Your request for online training is sent. Cbonds managers will be in touch with you shortly. Thank you!

Yield Curve Steepens After Treasuries Whipsawed by Central Banks

June 29, 2017 | Morningstar

After taking a beating on Tuesday and last night following seemingly hawkish comments from ECB President Draghi, U.S. Treasuries and their European counterparts rallied sharply this morning when the European Central Bank said that his remarks had been misinterpreted. If that weren't enough excitement, Bank of England Governor Mark Carney said later this morning that he and his colleagues might have to remove monetary stimulus if current trends continue. That sent government bond prices in the U.K., but also in the U.S. and the eurozone, back down. U.S. pending home sales data showed the third-straight decline in May, missing expectations. Tight supply is helping to push home prices out of reach for many potential buyers. The 7-year Treasury note auction tailed slightly but did not have much effect on the Treasury complex and U.S. stocks snapped back after a sell-off on Tuesday. The S&P 500 is up 0.88% to 2,440.7 and the U.S. Dollar Index is down 0.39% to 96.02, an eight-month low
Yield Check:

2-yr: -2 bps to 1.36%;
5-yr: unch at 1.82%;
10-yr: +1 bp to 2.22%;
30-yr: +2 bps to 2.77%;


Similar news:
150 000
issues: local and international bonds
+7 812 336 97 21
150 000
issues: local and international bonds
Сbonds is a global Fixed income data platform
+7 812 336 97 21
  • Descriptive data on bonds
  • Bond Quotes from trading systems and market participants
  • Prospectuses and other issue documents
  • Credit ratings
  • Indices and indicators
  • Market news and analytical research
Analytical instruments
  • Multi-parameter bond database search
  • Bond Maps
  • Market calendar
  • Bond calculator
  • Watchlist and Portfolio management
  • Chart analysis
  • Mobile App and Excel Add-in Tool
Enter or RegisterSubscription/Trial access