Treasurys reverse loss after weak durable goods

|By:, SA News Editor

Gotta be the weather. Treasury prices quickly erase a sizable early-morning loss after December durable goods misses expectations by a wide margin. The headline number slipped 4.3% vs. expectations for a 1.6% rise and the ex-transports fell 1.6% vs. an expected 0.7% rise.

The 10-year Treasury yield is now flat at 2.75%. TLT +0.2%, TBT -0.5%.

Long-dated Treasury ETFs: TBT, TLT, TMV, TBF, EDV, TTT, TMF, ZROZ, SBND, TLH, DLBS, VGLT, UBT, TLO, LBND, TENZ, TYBS, DLBL