Reply To: Bond Traders Weekly Outlook: US Treasury Yields Surge After Blowout Jobs Report


U.S. Treasuries modestly higher start while the long bond is expected to show slight relative weakness in the early going.

The Hong Kong Monetary Authority followed the FOMC rate hike with its own 25 bps rate increase to 5.00%
Bank of England raised its bank rate by 50 bps to 4.00% and hinted at a pause in hikes. The central bank believes that inflation in the U.K. and other economies has already peaked.
The European Central Bank announced a 50 bps increase of its own.

The U.S. session will feature a handful of reports, including the latest jobless claims data and preliminary productivity and unit labor cost figures for Q4.


2-yr: -5 bps to 4.06%
3-yr: -6 bps to 3.73%
5-yr: -6 bps to 3.44%
10-yr: -4 bps to 3.36%
30-yr: -1 bp to 3.54%