Treasury Market Outlook: Treasuries are little changed
Treasury Market Outlook: Treasuries are little changed as yields have dipped slightly from earlier highs. The 10-year yields is at 2.23%. Most European bonds are modestly higher with Gilts outperforming slightly, though trading was choppy as some election jitters were countered by stronger than expected Eurozone PMIs. Asian bonds closed in the red. Global stocks are mostly higher, with the CAC the notable exception ahead of the election. Today's economic calendar features March existing home sales, with the April Markit flash manufacturing PMI also due. Fedspeak will feature the dove Kashkari. The earnings calendar features reports from General Electric, Honeywell, NextEra, Rockwell Collins, Schlumberger, Stanley Black & Decker, SunTrust Banks.