Top
New York  London  GMT  Tokyo  Sydney 

Rates tumbling on poor employment report

By   || January 8, 2010 at 13:34 GMT
|| 1 comment || Add comment

US Treasury yields are tumbling after the unexpectedly weak employment report. 2-year notes are at 0.99% yield from 1.07% prior to the data. Hopes for a quick Fed hike, however dim, have been dashed.

EUR/USD is flying, triggering stops above 1.4335. 1.4390 and 1.4445 are resistance levels.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

One Response to “Rates tumbling on poor employment report”

  1. lilac on January 8th, 2010 13:45 GMT

    Fed funds futures see 22% odds of a mid-year hike vs. 30% pre-data.

Bottom