Wonderful Weds Morning to all,
We had a bond coupon rollover yesterday, new coupon opened down 38bps.
Bernanke hints at raising rates, trade deficit expected at 37.7B comes in at 40,2B. Yesterday's 3yr auction wasn't received very well, today's 10yr will be closely watched.
Greece is on the back burner focus is on the FED and it's exit strategies............
Be careful not bond friendly news.
Today's snapshot
Have a great day!
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