Seeking Alpha

Treasury yields remain higher after Chicago PMI miss

  • It's the 2nd consecutive decline for the Chicago PMI, which shot up to 65.9 back in October. New Orders fell to 607 from 68.8. Production to 57.9 from 64.3.
  • Treasury prices received a slight boost as the report printed, but have returned to losses on the session. TLT -0.15%. The 10-year yield is up three basis points to 3%.
  • Long-duration Treasury ETFs: TBT, TLT, TMV, TBF, EDV, TTT, TMF, TLH, SBND, ZROZ, DLBS, VGLT, UBT, TLO, LBND, TYBS, TENZ, DLBL
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Comments (2)
  • SanDiegoNonSurfer
    , contributor
    Comments (4147) | Send Message
     
    That's a pretty big drop in PMI
    31 Dec 2013, 10:53 AM Reply Like
  • jeff lauder
    , contributor
    Comments (180) | Send Message
     
    Interest rates still went up. What's that tell ya! Fed behind the curve.
    31 Dec 2013, 02:58 PM Reply Like
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