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Treasury Prices Edge Higher
03/06/2017
Treasury prices edged higher overnight as news of another North Korean missile test highlighted an otherwise uneventful weekend of overseas activity. Today’s US economic calendar gets off to a relatively slow start to a mostly slow week of activity. January Factory Orders are due out at 10AM ET followed by the last bit of Fedspeak this afternoon before the blackout period begins ahead of the March FOMC Meeting. Key activity for the rest of the week is limited to Friday’s Nonfarm Payroll Report. Currently, the 10yr yield is at 2.493.
