Treasurys gain after big durable goods miss

|By:, SA News Editor

In addition to the big headline miss, core durable goods orders (excludes transportation) fell 0.6% vs. an expected gain of 0.5%, and a gain of 0.1% in June. Shipments fell 0.8% after a 0.1% fall in June. Unfilled orders continue to rise, up 0.4% to $1.03T - the highest in the history of the data.

The news is good for a nice pop in Treasury prices, TLT +0.25%, and the 10-year yield falls to 2.79%.

Full report.

Treasury ETFs: TLH, TLT, IEF, DTYL, DLBL, ILTB, TENZ, ITE, TLO, EDV, VGIT, VGLT, TMF, TYD, LBND, UBT, UST, TMV, TYO, DSTJ, DSXJ, SBND, PST, TBT, DTYS, DLBS, TBF, TTT, TYNS, TYBS, TBX.