Reply To: Bond Traders Weekly Outlook: Flipping Between End of Inflation and Hawkish Fed Trades


U.S. Treasuries hold modest losses after dipping from their opening levels.

Past hour has seen some more selling, which lifted yields back to yesterday’s highs. Equities are off to a flat start with the S&P 500 (+0.1%) holding a slight gain while the Nasdaq (-0.3%) lags.

13:00 ET: $40 bln 3-yr Treasury note auction results

March NFIB Small Business Optimism Index (actual 90.1; prior 90.9)
World Bank raised its 2023 global growth forecast to 2.0% from 1.7%.
The Bank of Korea left its base rate at 3.50%, as expected.
Japan will chair a meeting of G7 finance leaders in Washington tomorrow.

2-yr: +1 bp to 4.01%
3-yr: UNCH at 3.78%
5-yr: +1 bp to 3.53%
10-yr: +2 bps to 3.43%
30-yr: +1 bp to 3.64%