Reply To: Traders Market Weekly: Fed, Inflation and Profit Warnings


U.S. Treasuries are on track to begin the Friday session near their flat lines with the 2-yr note expected to show slight relative weakness at the start. Sentiment in the U.S. is under pressure after FedEx (FDX) withdrew its guidance for the year and announced cost cutting measures after a disappointing quarter.

Crude oil is bouncing after yesterday’s dive while the U.S. Dollar Index is up 0.2% at 109.94.

2-yr: +1 bp to 3.88%
3-yr: UNCH at 3.86%
5-yr: -1 bp to 3.66%
10-yr: UNCH at 3.46%
30-yr: UNCH at 3.48%