Reply To: Traders Market Weekly: Big Tech Earnings and Global PMI


U.S. Treasuries are on track for a lower start with longer tenors expected to show relative weakness in the early going. Treasury futures climbed for a couple hours at the outset of the overnight session, but reversed around the start of the Asian session, seeing more selling as the night went on.

Worth noting that Goldman Sachs (GS) reported weaker than expected EPS and revenue for Q4 while Morgan Stanley (MS) missed EPS expectations on above-consensus revenue. The U.S. Dollar Index is down 0.3% at 102.09.

2-yr: +3 bps to 4.25%
3-yr: +4 bps to 3.93%
5-yr: +5 bps to 3.66%
10-yr: +6 bps to 3.57%
30-yr: +7 bps to 3.69%