Reply To: Traders Market Weekly: Robots, Dribbler Enthusiasm and Short Squeezes

#41567
Truman
Participant

U.S. Treasuries sit on their highs after adding to their opening gains.

Treasuries followed their higher start with a sideways drift through the first hour of action, followed by a push to fresh highs that took place even as equities rallied out of the gate. The early buying has lifted the 30-yr bond back above its opening level from Friday while shorter tenors are nearing Friday’s starting levels

Yield Check:
2-yr: -5 bps to 3.18%
3-yr: -6 bps to 3.13%
5-yr: -6 bps to 2.91%
10-yr: -7 bps to 2.77%
30-yr: -6 bps to 3.00%