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Treasuries Surge as Inflation Forecast Cools Down

February, 09 2017
watermark Economic news

Treasuries posted another set of gains for the fourth consecutive day as a decrease in the projected forecast for short-term fiscal stimulus induced a rally starting from the eurozone following a sudden surge in the demand for government bond sales. This has caused a lot of traders to cover their short-term positions prior to the 10-Year Treasury notes auction. The 10-year yields dropped by 5 basis points or 2.35%, while yields fell along the curve by up to 1-5 basis points.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.