The overall trend remains down
5/20/2021 2:28:01 PM GMT Financials: As of this writing (6:15am) June Bonds are 5 higher at 156’07 overnight and 25 higher over the last 5 sessions. 10 Year Notes are 4 higher at 132’05, up 7 for the week. The 5 year notes are 2 higher at 124’0 and up 3 for the week. Since last week yields are slightly lower with the 2 year down 2 basis points yielding 0.15%, the 5 year down 2 basis points at 0.85%, the 10 year down 2 at 1.67% and the 30 year bond down 4 at 2.37%. The overall trend remains down. The FMOC minutes were released yesterday and the market had little response. The minutes ind...