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Extremely quiet and dull trading following the IMM close

By admin  || September 30, 2008 at 20:04 GMT
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Okay, not everyone agree’s but I use the 15:00 EDT (20:00 GMT) close of pit trading on the Chicago IMM as my end of day point for daily data, and today post 1500, nothing happened in major pairs.

US equities did claw back a large chunk of yesterday’s losses with DJIA closing +485.29, S&P500 +58.45 and the NASDAQ Composite +98.60. Treasuries meantime cratered with yields moving sharply higher across the curve with the benchmark 10 -67.5/32 with the yld +.253%.

With that, I’ll leave for the day. Good evening all.

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