What Sparked Today’s Sell-Off In Bonds?
Stocks finished well off their
highs while Treasuries faced another day of selling.
Equity
The Nasdaq
future
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9207.
Fixed Income
U.S. Treasuries were sold off after better than expected
economic data. The 10 year futures contract
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was down by 2-12 to close at 105-20; and the five year note was down 0-205 at 111-105
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Metals
August gold
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up by 2.5 at 514.5. Copper was
down by 1.80 at 81.80
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.6675..
Energy
August crude
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close at 30.56. Natural gas was down .0073 to close at 4.620
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Currencies
The USD index
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PowerRating) was up by .80 to close
at 97.10.