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Bond Market Update

  • The Market at 15:24 ET

    10-Year: +3/32…2.25…EUR/USD: 1.1175USD/JPY: 111.20

    Treasury Market Stands Its Ground

    • April Durable Goods Orders: Actual -0.7%, Briefing.com consensus -1.8%, Prior 2.3% (revised from 0.7%)
    • Durable Goods Orders ex-trans: Actual -0.4%, Briefing.com consensus 0.4%, Prior 0.8% (revised from -0.2%)
    • Q1 GDP -- Second Estimate: Actual 1.2%, Briefing.com consensus 0.8%, Prior 0.7%
    • GDP Deflator -- Second Estimate: Actual 2.2%, Briefing.com consensus 2.3%, Prior 2.3%
    • May Michigan Sentiment -- Final: Actual 97.1, Briefing.com consensus 97.5, Prior 97.7