FormerXBC Inc XEBEQ

Take note of this

[tamaracktop]

Here's a little fresh news just out from Reuters:

Bonds slip as markets bet Biden goes big

SINGAPORE (Reuters) - U.S. Treasuries slipped on Thursday on a report that President-elect Joe Biden will announce a stimulus package as big as $2 trillion, while Japanese stocks surged to a new three-decade peak as investors extended bets on a global growth rebound.
   The yield on benchmark 10-year U.S. Treasuries rose two basis points to 1.1105% after CNN reported on the possibility Biden could spend $2 trillion, which is much more than market expectations.

[tamaracktop]

That little note may be affect trading tomorrow because it's referring to US treasuries trading in the Asian markets at 3:15 pm their time, which is obviously 3:15 am our time. Treasuries aren't trading in North America right now. This "news" has not been reflected in either the bond or equity markets here yet.

[iiioiii]

On the balance though it seems that the Fed, led by Govenor Lael Brainard's comments yesterday, is tamping down the possibility of tapering the bond-buying program by the end of the year despite the prospect of solid economic growth in the latter half of the year, large stimulus packages on the horizon, and comments made by other Fed policy makers earlier in week. In your experience what would

[tamaracktop]

Read the article on page 3 of yesterday's WSJ. Either that, or email Rick Sartell.

[tamaracktop]

U.S. Treasury yields rebounded on Thursday morning from losses in the previous session, ahead of President-elect Joe Biden announcing more details of his economic stimulus plan later in the day. The yield on the benchmark 10-year Treasury note rose to 1.102% at 4:15 a.m. ET, while the yield on the 30-year Treasury bond advanced to 1.831%. Yields move inversely to prices.

[iiioiii]

Thanks TT, I believe this was the article you were pointing me to (paywall - sorry all, but perhaps now is as good a time as any to pay $52 for access for the year):  https://www.wsj.com/articles/treasury-yield-climb-extends-into-sixth-session-11610392090?page=1  The talking heads on Bloomberg seem confident that, whether it's an issue of the rate of rise (30-50 basis points over 2