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Treasurys neutral; focus on cliff, economic data

Daily newsbrief journal for December 2012, also see http://www.usdemocrats.com/brief for a global compendium library and follow twitter @usdemocrats


Treasurys neutral; focus on cliff, economic data

Postby admin » Wed Dec 26, 2012 3:18 pm

Treasurys neutral; focus on cliff, economic data
from MarketWatch.com - MarketPulse
SAN FRANCISCO (MarketWatch) -- Treasury prices were little changed early Wednesday in post-holiday trading, as nervous focus remains on whether Washington lawmakers will return to negotiate a deal to avert the most severe economic impacts from expiring tax breaks and spending measures. Yields on 10-year notes , which move inversely to prices, traded at 1.78%. Coming up is U.S. data on home prices and a regional manufacturing survey.
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