| 2018-08-29 10:20:02|
10:20 08/29 08/29/18
Treasury Action: yields held higher levels
Treasury Action: yields held higher levels after the dip in NAR pending home sales, with stocks still flat-to-mixed as the tech sector firms. The 2-year yield is over 2.676% vs 2.658% lows; the 5-year topped 2.778% vs 2.756%; the 10-year probed 2.886% vs 2.865%; and the 30-year tested 3.032% vs 3.02% lows. Yields are now mostly higher along the curve, ex-bond, while the 2s-30s spread is 0.9 basis points tighter near +35.8 bp.