Bond Ticker
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11:44 am - Buy. Buy. Buy: Fed bought $3.18B 10-to-17-yrs against $15.217B dealers were looking to off load. The amount was not impressive and the and the longest duration was 23-yrs, and market was hoping for more and more doen in the longer dated
11:40 am - CMB: Treasury to offer $34B 4-wk bills Tues and $35B 70-day billsThurs
10:49 am - Agencies:
Fannie will sell $500M each of 3-and-6-mo bills Wed
Freddie plans to sell 3-yrs Tued (size TBD, est +49)
Freddie sold $1B 3-mos at 0.180% versus last week's 0.175%, and $1B 6-mos saw 0.290% form 0.305% (Reuters)
10:45 am - Buy the Rumor. Sell the Fact: The possibility, largely dissipated after taking hold of the market for a stretch that the Fed will step up its buying and extend durations was briefly floating around again. While the actual move to begin buying in the long-ish 10-to17-yr area yanked some support. No additions to the policy-posse's "tentative" bond buying schedule are anticipated in the near term, there are hopes that something further in terms of hints on future activities can be scrapped out of the verbiage in the upcoming FOMC minutes. Trade is also getting dragged on as the rush to market of corporate supply ramps up again with the bulk being seen hitting the mid-curve.
Bond Ticker - Bonds Center - Yahoo! Finance
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