News Headline Summary


US treasuries generally trended higher today, with the 10yr yield breaking back below 2.0% in early trade and T-notes finishing at their best level of the day. Despite moves higher in the latter part of trade, treasuries traded lower following the pit open, with the quarterly refunding announcement of USD 72bln in supply of 3s, 10s and 30s next week weighing on prices. The recovery in T-notes into the close was largely attributed to rate lock unwinds alongside equity weakness, following pricing of the IBRD dual tranche at USD 4.75bln and a USD 1.25bln Quebec 10y. At the pit close T-notes settled at 131.19+, up 12+ ticks.

06 Feb 2013 - 20:02 - Fixed Income - Source: RANsquawk

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