Modest changes at the start

The US major indices are opening with limited changes from yesterday:

  • S&P is up 1.25 points or +0.04% at 2858.92
  • Nasdaq is up 6.3 points or 0.08% at 7895.12
  • Dow is up 18 points or 0.06%

That is about as close to unchanged as you can get (well close enough).

In the US debt market, yields are moving lower ahead of the 30 year auction after the weakish PPI.

  • 2 year 2.6575%, -1.0 bps
  • 5 year 2.812%, -1.8 bps
  • 10 year 2.938%, -2.1 bps
  • 30 year 3.095%, -1.5 bps

Spot gold is up $0.69 or 0.04% at $1214.50

Crude oil is up $0.33 or 0.54% at $67.28