HomeInvestingBondsBond Market Today: Hawkish Tone Given Current Macro Backdrop
Bond Market Today: Hawkish Tone Given Current Macro Backdrop

"Regarding treasuries, anticipating FOMC minutes will strike a decidedly hawkish tone given the current macro backdrop. Monday's front-end auction of $42B 2S and $43BB 5S will warrant a concession. Beyond supply, the fundamental offerings are limited to a few second-tier data releases," says Larry Shover.

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