Reply To: Bond Traders Weekly Outlook: Tidal Wave of Global Central Bank Decisions Await


Early Bonds:

U.S. Treasuries lower with longer tenors expected to pace the early selling. Treasury futures began dipping in early evening trade, continuing their retreat into the night.

The Japanese yen has shown some strength against the dollar after Bank of Japan Governor Ueda said that there is a chance that negative rates could end this year, though it was unclear if he was referencing the end of the calendar year or the end of the fiscal year in March.
European Central Bank is expected to conclude this week’s policy meeting with a hawkish pause while policymakers at the Fed are also leaning toward a pause, according to The Wall Street Journal.
Economic data released overnight showed in-line August CPI and above-consensus loan growth in China

U.S. Treasury will sell $44 bln in 3-yr notes.
Crude oil is giving back some of last week’s gain while the U.S. Dollar Index is down 0.4% at 104.72.

2-yr: +2 bps to 4.99%
3-yr: +2 bps to 4.71%
5-yr: +2 bps to 4.42%
10-yr: +4 bps to 4.30%
30-yr: +6 bps to 4.39%