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Treasurys cut losses after slow manufacturing data

Published 05/01/2017, 10:10 AM
© Reuters.  Treasurys cut losses after slow manufacturing data

© Reuters. Treasurys cut losses after slow manufacturing data

TBT
-0.74%
UBT
1.44%
DLBS
0.00%
TMV
-1.36%
TLT
0.57%
TYBS
0.00%
TMF
1.57%
TLH
0.41%
ZROZ
0.18%
TBF
-0.24%
SPTL
0.46%
TTT
-1.06%
EDV
0.46%
VGLT
0.39%
DLBLF
0.00%
VUSTX
0.25%
  • The ISM Manufacturing PMI for April came in at a decent 54.8, but that's down from 57.2 in March, and well south of estimates of 56.5.
  • New Orders fell to 57.5 from 64.5; Production rose to 58.6 from 57.6.
  • Also falling was Employment - to 52.0 from 58.9, and Prices to 68.5 from 70.5.
  • Alan Greenspan's old favorite indicator, Supplier Deliveries dipped to 55.1 from 55.9.
  • Full report
  • The 10-year Treasury price was lower on the session ahead of the print, but has returned to about flat. The yield is flat at 2.29%. TLT -0.1%, TBT +0.15%
  • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, UBT, DLBS, TLO, VUSTX, DLBL, TYBS
  • Now read: Let It Grow


Original article
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