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Treasurys add to gains following economic data

Published 11/15/2017, 08:46 AM
© Reuters.  Treasurys add to gains following economic data
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  • The data wasn't particularly soft: Core CPI rose an inline 0.2% in October, and retail sales beat with a 0.2% gain, but ex-autos missed with just a 0.1% rise. The Empire State index pulled back from a three-year high, but remained well into positive territory.
  • The macro picture, however, remains just the slightest bit shaky, particularly a continuing selloff in commodities. Asia was lower by about 1% overnight, and Europe is down 0.8%. U.S. stock index futures are down roughly 0.4% across the board. The numbers are hardly worth mentioning, but red is a color eqity investors haven't seen a lot of this year.
  • The 10-year Treasury yield is down five basis points to 2.32%. TLT +1.05%, TBT -2.1%
  • ETFs: TLT, TBT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, UBT, TLO, DLBS, VUSTX, TYBS, DLBL
  • Now read: Here Is Your Best Trade For The Rest Of 2017


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