Mixed Economic Data Treasury Volatility
Mixed economic reports are creating volatility in Treasury yields, reflecting uncertainty in the market.
Too little corroboration in the last 3 days to call a trend (5 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Opportunity always lurks where uncertainty is found. The market [moving] in short-term Treasury yields between these two Fed meetings is a good example of this, and our strategies have been tactically adjusting our exposure to this part of the curve in an effort to take advantage of that volatility."
"The probability of a July hike was back up to 26% by [Tuesday's] close, the highest since last week's downside surprise in the U.S. CPI print. It was at 45% the day before CPI and as low as 10% the day after."
"A measure known as Bollinger BandWidth, which tracks how compressed or stretched a market's volatility has become, shows monthly readings hit their lowest level since 1989 at the end of May. Such quiet spells do not reveal which way a market will break, but they have often preceded sharp moves once they end."
"The Treasury yield edged down from late Wednesday to 4.27% from 4.29% following mixed reports in the market."
"In the bond market, Treasury yields wavered, with oil prices pushing upward on them and the discouraging updates on the U.S. economy pulling downward."
"In the bond market, Treasury yields swiveled following Thursday's economic reports."
"In the bond market, Treasury yields swiveled following Thursday's economic reports."
"In the bond market, Treasury yields swiveled following Thursday's economic reports."
"In the bond market, Treasury yields swiveled following Thursday's economic reports."
"In the bond market, Treasury yields swiveled following Thursday's economic reports."