A decline in the amount of Treasuries offered for sale to the Federal Reserve compared with the amount bought by the central bank should help support prices for U.S. government debt, according to FTN Financial.
The Federal Reserve’s promise to keep borrowing costs near zero through 2013 suggests Treasury 10-year notes remain a good value even as yields are almost at historic lows, according to FTN Financial.
It’s getting easier for a smaller group of bulls in the U.S. Treasury market to create angst for the bears.
A close for 10-year Treasury note yields between 2.98 percent and 3.02 percent would signal the yield may be near a bottom, according to FTN Financial.
"Treasuries are cheaper to Europe than they were last week."
- Jim Vogel on Aug 21, 2014
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