All bonds were weak yesterday without much reason other than normal ebbs and flows in the market. The situation in Syria continues to degrade and economic data was weaker than expected, it just didn’t move the market. Weaker than average trading volume and range trades ahead of the NFP next week mattered more, causing us to lose ground late in the day. Today GDP is released at 8:30 along with Jobless claims, we will see if these attracts any buyers to the our market.
No comments:
Post a Comment