U.S. Treasuries higher start after yesterday’s mostly flat finish. The Reserve Bank of Australia unexpectedly raised its cash rate overnight and the overall data flow was on the light side, which will remain the case during the U.S. session.
Crude oil is back near its closing level from Thursday while the U.S. Dollar Index is up 0.1% at 104.07.
Yield:
2-yr: -1 bp to 4.47%
3-yr: -2 bps to 4.11%
5-yr: -2 bps to 3.81%
10-yr: -2 bps to 3.67%
30-yr: -1 bp to 3.88%