Reply To: Bond Traders Weekly Outlook: US Treasury Bonds Fall on Fed Higher for Longer


U.S. Treasuries are on track for a lower start after yesterday’s intraday reversal.

Treasury futures slipped last evening, adding to their losses as the night went on. The market fell to lows at the start of the European session, followed by a bounce that erased a portion of the overnight losses.

The rate hike conversation has remained at the forefront during an otherwise quiet European session. The U.K. reported better than expected Retail Sales for January, but the overall levels were down on a yr/yr basis.

U.S. Dollar Index is up 0.7% at 104.57, reaching a six-week high.


2-yr: +7 bps to 4.70%
3-yr: +6 bps to 4.40%
5-yr: +5 bps to 4.10%
10-yr: +5 bps to 3.89%