- CME confirms it paused trading in some Treasury futures contracts just before the release of nonfarm payroll data due to large early orders.
- CNBC notes that the trades appear to have been betting in the right direction. The public is hyper-sensitive to perceived front-running since the Thomson Reuters/ consumer confidence story broke.
- Yields on the 10-year are down 9 bps.
- TLT +1%, TBT -2%.
CME halts some Treasury futures contracts prior to jobs data
Aug 2 2013, 11:04 ET