Due to Veterans Day holiday in the US today interest rate floor trading has been closed and hence volumes in electronic trade very low. T-notes traded within a very tight range for most of the US session, drifting with few players in the market to drive prices in either direction. It is worth bearing in mind that the 3-, & 6-month t-bill auctions out of the treasury will be a day later than normal and conducted tomorrow instead of today.
Print 20:00, 12 Nov 2012 - Fixed Income - Source: RANsquawk
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