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Anonymous ID: 1baa6b Feb. 27, 2020, 5:57 a.m. No.8263971   🗄️.is 🔗kun   >>4136 >>4311 >>4408 >>4550

10-year Treasury yield pushes below 1.30%, falling further into record territory

 

Treasury yields extended their drop into record territory on Thursday as jitters around COVID-19 spreading within the U.S., drew investors away from stocks to the benefit of bonds, with more new cases of the virus reported outside China than inside. The 10-year Treasury note yield TMUBMUSD10Y, -3.80% was down 2.1 basis points to 1.289%, setting an all-time low, while the 2-year note rate TMUBMUSD02Y, -5.74% slipped 4.2 basis points to 1.103%. The 30-year bond yield TMUBMUSD30Y, -2.64% edged 2.3 basis points lower to 1.775%, also a new record low. Bond prices move in the opposite direction of yields. An official from the Food and Drug Administration said COVID-19 was on its way to becoming a pandemic, and a confirmed case of the coronavirus in California that had no history of travel have raised worries that the virus could be spreading despite the travel restrictions imposed on China.

 

Also supporting bullish sentiment in Treasurys, Microsoft warned that the supply chain disruptions from the virus would have an impact on sales.

 

Futures for the S&P 500 SPX, -0.38% and the Dow Jones Industrial Average DJIA, -0.46% point to a lower open for U.S. stocks on Thursday. The broad-based S&P 500 benchmark is down 6.6% this week.

 

The potential for a spillover into the U.S. has heightened expectations for the Federal Reserve to ease monetary policy, on top of the three interest rate cuts the central bank carried out last year. Traders wagering on the direction of the Fed’s benchmark interest rate in the fed fund futures market see close to a 50% chance of a quarter percentage point rate cut in March, according to the CME Group.

 

On the U.S. economics docket, weekly jobless claims, January durable goods and fourth-quarter gross domestic product data are all due at 8:30 a.m. ET, followed by last month pending home sales data at 10 a.m. Chicago Fed President Charles Evans will speak later at 11:30 a.m.

https://www.marketwatch.com/story/10-year-treasury-yield-pushes-below-130-falling-further-into-record-territory-2020-02-27

https://www.marketwatch.com/investing/bond/tmubmusd10y

https://www.bloomberg.com/markets/stocks/futures

https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

 

cap #3 is the CME Fedwatch futures for interest rate cuts at March 18th mtg-they have adjusted to the route in the bond mkt. 58.7% for a cut of 25 basis pts and 41.3% for "no change"-this was pegged at 90% for no change just recently

the FOMC does not set rates-the bond market does-they are in the process of doing this now. It habbens over a period of time and the FOMC is just the grocery clerk.

Anonymous ID: 1baa6b Feb. 27, 2020, 6:39 a.m. No.8264171   🗄️.is 🔗kun

>>8264122

not bad advice however these things take place over multiple session not any one day or portion of it. Patience is the key. Wash out the selling on mkt open and see where it goes. Sometimes doing nothing is something.

Anonymous ID: 1baa6b Feb. 27, 2020, 7:13 a.m. No.8264402   🗄️.is 🔗kun

>>8264250

and how did that work out??…not well.

keep your thoughts about buying and selling anything to yourself.

You are only hanging yourself by doing this.

Anonymous ID: 1baa6b Feb. 27, 2020, 7:29 a.m. No.8264525   🗄️.is 🔗kun   >>4537

>>8264486

keep doing it. Eventually no one will listen to you-how many predictions you going to make? You'll be the next one who decides they have it all figured out. Monday's one went where? Good entertainment from the faggot brigade though.

You have enough rope now….

Anonymous ID: 1baa6b Feb. 27, 2020, 7:39 a.m. No.8264589   🗄️.is 🔗kun   >>4625

>>8264533

dunno I bailed early. have not looked. Now we got the ktwat 8bit-'cause that's who it was too-stock piking shit back. Funny shit…too. This new one been wrong about everything they have said.