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Treasuries Slip in Early Trade:Treasuries hold small losses ahead of the cash open. Overnight action saw its usual 3bp range. Selling in the belly has the 5y +0.4bps @ 1.689%. A run above the 1.700% area puts 1.750% in play. The 10y trades +1bp @ 2.484%. The 2.500%...
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The stock market sprung back into bullish-minded action on Friday, seemingly content in the belief that the tragic downing of MH17 in eastern Ukraine and the Israeli ground assault in Gaza would not lead to worst-case scenarios unfolding. Every sector finished higher,...
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