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Treasury prices spiked higher (yields lower) for about a minute following the weak Q4 GDP print,...

  • Wednesday, January 30, 8:56 AM ET
    Treasury prices spiked higher (yields lower) for about a minute following the weak Q4 GDP print, but have returned to about unchanged as the underlying details of the backward-looking, prone-to-error data are better than the headline. The 10-year yield remains at 2%.
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    A declining GDP does not cause a flight to safety into Treasuries, in fact it should be a big warning.
    30 Jan, 11:31 AM Reply Like
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