| 2017-01-11 15:10:02|
15:10 01/11 01/11/17
Treasury Action: the market continued to chop after Mr. Trump's presser
Treasury Action: the market continued to chop after Mr. Trump's presser and the successful 10-year offering, but remained range-bound. The 10-year was held inside a 2.39% to 2.32% range, and mostly around 2.36%. A few late additions to the corporate calendar impacted too. Broadcom launched a $13.5 B 4-part deal, including a 3-year, a 5-year a 7- and 10-year. GM Financial came with a $2.5 B 3-parter with a 5-year fixed/FRN and a 10-year. Treasury will finish this week's auction late with a $12 B 30-year reopening Wednesday.