“None of us are surprised to see the market consolidate after last week’s sharp move”

U.S. Treasury prices were higher Monday, with the market recouping most of its losses from Friday’s strong jobs report, as investors scooped up bonds on a slow data day.

At 5 p.m. EDT, the 10-year Treasury note rose $2.81 per $1,000 in face value, or 9/32 point, from its level at 5 p.m. day. Its yield, which moves in the opposite direction, fell to 5.15 percent from 5.18 percent.

The 30-year bond rose 12/32 point. Its yield fell to 5.24 percent from 5.27 percent.

The 2-year note rose 2/32 point. Its yield fell to 4.95 percent from 5.00 percent. Read more

Original post by The Associated Press

Brings Western Asset’s Institutional Fixed Income Expertise to Retail Investors in a Separately Managed Account Structure BALTIMORE, July 10 /CNW/ - Legg Mason, Inc. via Canada NewsWire

Original post by Canada NewsWire

“Sales were below plan in the final week of June, making for a disappointing, though not particularly surprising end to an underperforming month”

Inventories of unsold goods at U.S. wholesalers rose 0.5 percent in May, boosted by a buildup in a range of goods including automobiles, metals and electrical supplies, government data showed on Tuesday. via New York Times

Original post by New York Times

“The situation in Nigeria hasn’t got better.”

The price of crude eased Tuesday, but losses were limited by fears of more violence in No. via CNN

Original post by CNN

It’s time to dissect the first-half performance of the world’s stock markets. This isn’t an academic exercise, because having a sense of where the markets are headed depends to a large extent on understanding … via MarketWatch

Original post by MarketWatch

Optimism about global growth following last week’s US non-farm payroll numbers has everyone riding happily on the carry trade bandwagon. via Currency Trading News

Original post by Currency Trading News