Japan's Ministry of Finance is negotiating with the country's major banks to lend to the government at a zero interest rate in auctions beginning in October or November, a government official familiar with the procedure said today.
Last week the 30-year Treasury Bond completely erased the previous week’s gains as the USU posted an inconclusive inside week down; the 10-year Treasury Note finished the week posting and settling on its new weekly low as the note posted an inconclusive inside week down pattern and recovered...
Wall Street's separation of interest and principal components of U.S. Treasury securities totaled $707 million in July, down more than 90% from $7.544 billion in June, according to Treasury Department data released today.
Friday, the 30-year Treasury Bond finished the week and month testing my upper daily boundary high projection at 174-17. It took the last two weeks for the 10-year Treasury Note to muster the necessary momentum to snap back and test my long standing resistance at 132-29/133-00.
Global investors dumped equities in July and raised bond allocations after Britain's vote to leave the European Union and subsequent signs of damage to economic growth prompted a dash toward fixed income.
Last week the 30-year Treasury Bond ground higher and finished the week posting another new all-time contract high; Friday the 10-year remained range bound and tested its weekly low and rebounded to finish the week near its upper weekly high.