Reply To: Traders Market Weekly: Expect the Unexpected

#45644
Truman
Participant

The September Import-Export Price Index brought some better inflation news.

Import prices were down 1.2% month-over-month and down 0.4% excluding fuel. Export prices were down 0.8% month-over-month and down 0.9% excluding agricultural products. This report, though, has been largely overshadowed by the fresh memory of yesterday’s disappointing CPI report.

Treasury yields remain near their lows ahead of the open.

The 2-yr note yield is down four basis points to 4.41% and the 10-yr note yield is down eight basis points to 3.85%.