5-Year T-Note Sep '19 (ZFU19)
5-Year T-Note Futures Market News and Commentary
Mar T-notes (ZNH20) this morning are down -8 ticks. The 10-year T-note yield is up +1.2 bp to 1.364%.
Mar T-note prices are falling back from Tuesday's 3-1/2 year nearest-futures high as stocks stabilize. T-notes maintained their losses on hawkish comments from Dallas Fed President Kaplan (voter) who said events are still too fluid around the China coronavirus to say if the FOMC needs to lower short-term interest rates.
Today's U.S. housing data was bearish for T-notes after Jan new home sales rose +7.9% to a 12-1/2 year high of 764,000, stronger than expectations of +3.5% to 718,000.
T-notes are also moving lower today on supply pressures as the Treasury today will auction $41 billion of 5-year T-notes and $18 billion of 2-year floating-rate notes.
The 10-year T-note yield earlier tumbled to a new record low of 1.306% Tuesday on concern the widening of the coronavirus outside of China will decimate global economic growth and force the world's central ban... Read more
- Global markets trying to shrug off virus fears again
S&P futures and US yields bounce, despite more coronavirus cases in South Korea and Italy. China reports just 5 new cases outside Hubei province. USDCNH...
- Stock Pick Update: February 26- March 3, 2020
Stocks lost ground, as corona virus and economic slowdown fears dominated headlines in the recent days. The S&P 500 index has lost a stunning 7.5% since...
- Stock Index Futures Partially Recover
U.S. stock index futures are higher and substantially above the overnight lows.
- Oil Price Fundamental Daily Forecast Coronavirus Fears Likely to Wipe Out 2019 Gains
Crude oil prices rose earlier in the session on short-covering and profit-taking, but then aggressive sellers erased those gains as fears deepened that...
- The Bears Roar...again
Yesterday the markets dropped again. Will we see a reprieve today? Read on to learn more...
- Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 26/02/20
Its deep red for the majors early on as support levels get tested early on. Key levels would need to be hit to avoid a return to this mornings lows