Breaking News Instant updates and real-time market news.

07:40
11/28/16
11/28
07:40
11/28/16
07:40

Treasury Market Outlook: bond yields are sinking

Treasury Market Outlook: bond yields are sinking as European bourses and U.S. equity futures decline. Gilt and Bund rates are down 4 bps, to lead Europe while Hong Kong's 10-year yield slid over 8 bps lower. Comments from the ECB's Stournaras, who qualified his tapering comments from last week were supportive for Bunds. The markets are awaiting this afternoon's comments from President Draghi for clarification. Italy's MIIB is underperforming, down almost 1.5%, while spreads are widening. Crude oil prices are lower in the $45 bbl area on fresh doubts over an OPEC agreement. There wasn't much overnight news, but the OECD projects Eurozone growth at 1.7% in 2017, with U.S. growth at 2.3%. Today's only U.S. data is the November Dallas Fed index. But it's a big week of data and Fedspeak ahead, culminating with the jobs report.

TODAY'S FREE FLY STORIES

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.