Reply To: Bond Traders Weekly Outlook: Absorbed Flood of New Supply Lifting 2-yr Yield to 3 Month High


Early Bonds: U.S. Treasuries mostly lower start with shorter tenors expected to pace the early selling.

Bank of Japan released its latest policy statement, leaving its interest on excess reserves at -0.10% and reiterating intentions to patiently continue its easing efforts.
In Europe, hawkish comments from European Central Bank officials are solidifying expectations for another 25-bps rate hike in July.

Crude oil is little changed while the U.S. Dollar Index is also flat, on track to surrender 1.4% for the week.

2-yr: +5 bps to 4.69%
3-yr: +4 bps to 4.28%
5-yr: +2 bps to 3.94%
10-yr: UNCH at 3.73%
30-yr: -1 bp to 3.84%