2:47 pm - Treasuries See Weekly Losses on Fed Tapering Concerns: Treasuries ended the week flat to modestly lower as talk of Fed tapering caused traders to lighten up their exposure to the complex. The one-two punch of Fed Chairman Ben Bernanke's testimony in front of the Joint Economic Committee and the release of the May FOMC minutes spooked investors as commentary pointed to talk of Fed tapering. Traders seemed to fixate on the part of the minutes that suggested, A number of participants expressedMore...
May 14 2013 - Rate Brief
After tumbling more than 45 bps from their March 8th highs, longer dated Treasury yields have jumped over the past two weeks. The benchmark 10-yr yield has run back above the 1.900% threshold, retracing 61.8% of the mid-March to early-May move. The run up in yields managed to break 1.850%, and close the gap that developed in late-April. Treasury bulls will now look to take control, and push the key yield back below the 1.850% level.May 24 2013 - Hint of Tapering Rattles Markets
Bernanke, FOMC Rattle Markets
Markets saw the first major selling pressure in three weeks following comments from Fed Chairman Ben Bernanke and the FOMC Minutes from the May 1 meeting. Given the extremely accommodative stance the Fed has it was nearly impossible for them to provide a stance that did not appear like it was preparing to taper purchases. But with each mention that 'economic data could lead to the tapering of theMore...
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