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


U.S. Treasuries trade just below their early highs after adding to their opening gains. Treasuries followed their higher open with a sideways drift through the first hour of trade but rallied to fresh highs alongside a flat open in the stock market. Shorter tenors have shown relative strength in the early going while the long bond underperforms slightly after lagging last week. Reported not long ago, the NAHB Housing Market Index fell to 49 from 55 in the August reading, a level not seen since early 2020.

2-yr: -8 bps to 3.17%
3-yr: -8 bps to 3.11%
5-yr: -8 bps to 2.90%
10-yr: -8 bps to 2.77%
30-yr: -5 bps to 3.07%