08:41 am - 10-yr Notes are seeing a small upward move (3-4 tick) following the downward revised GDP data. Final Q3 GDP +2.2% vs +2.8% consensus resulted in a small bounce to the upside. The 10-yr yield has falen to 3.707. The 2-10-yr yield spread has narrowed to 283. Light volume, it appears, has contributed to a lack of any direction. The dollar has weakened vs the euro.
06:40 am - Treasuries are seeing continued weakness as 10-yr yields rose for a third day.More...
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