The US treasury auctioned off $42 billion of 10 year notes. That is a record amount ($41B was the previous record amount)High Yield: 4.093% , prev. 4.024%WI level at the time of the auction: 4.105%Tail: -1.2 bps, prev. 0.5bps, six-auction avg. 0.8bpsBid-to-Cover...
The 2nd leg of the Treasuries auctions continues with 10 year notes at the top of the hour
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More from Richmond Fed Pres Barkin: Services/rent inflation have stayed elevated
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Israel PM Netanyahu: Goals of war have not changed
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Atlanta Fed GDPNow model for Q1 growth dips to 3.4% from 4.2%
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More from Fed’s Collins: Economic risks have come into better balance
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Richmond Fed Pres Barkin: Makes sense to be patient on rate cuts
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USDCAD trades below its 200 day MA. Can the price they below that moving average?
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Feds Collins: Likely to cut rates later this year if economy meets expectations
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Q&A Feds Kugler: Disinflation was rapid in the second half of 2023
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Fed Gov. Adriana Kugler: Job on inflation is not done yet. Policy stance is restrictive
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Fed Gov. Adriana Kugler is scheduled to speak at the top of the hour
Fed Gov. Adriana Kugler is scheduled to speak at the top of the hour. She is due to speak about the economic outlook and monetary policy at the Brookings Institution, in Washington DC.Kugler joined the Federal Reserve Board in September 2023 and is the first Latino to...
US stocks melting up with the Dow Industrial Average & S&P index on pace for record close
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Crude oil inventories shows a build of 5.520 M versus a expected build of 1.895M
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NZDUSD Soars on robust jobs data: Can the momentum last?
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USDCHF higher on the day but finds resistance sellers against the “old” January 2024 high.
The USDCHF had an up-and-down trading day yesterday after extending to a new 2024 highs (above the January high at 0.8727). The low price stalled near a swing area at 0.8685 before basing and moving higher in trading today.The run to the upside today moved back up to...
Ondo Finance Brings Real-World Assets & Yield-Bearing Stablecoin-Alternative, USDY, to Sui
Sui (https://sui.io/), the Layer 1 blockchain which has experienced explosive growth since its inception eight months ago, today announced that Ondo Finance is expanding into the Sui ecosystem. The expansion will bring Sui Network’s first native dollar-denominated...
Major US stock indices open higher. Broader indices lead the way
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Axios: Seems Israel will reject Hamas plan for a ceasefire.
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US stocks set to open higher
Dow Industrial Average futures are implying up 100 pointsS&P index futures are implying a gain of 20.25 pointsNASDAQ index futures are implying a gain of 106 pointsYields are trading higher by about one – two basis points across the yield curve.Apple is reportedly...