Looks like the operative word(s) is: consistently consistent!
U.S. TREASURIES: Yields Decline Following Hawkish-Leaning FOMC Announcement
MIDNIGHT TRADER 8:13 AM ET 10/30/14
08:13 AM EDT, 10/30/2014 (MT Newswires) -- A curve flattening trade in Treasuries following the hawkish bent in Wednesday's FOMC result has seen the 10-year yield fall 2 bps to 2.30%. Volume was rather light though. Core European yields are also lower amid better than 1% declines in regional bourses despite a surprise 22k decline in German unemployment and an unexpected rise in Eurozone confidence.
U.S. equity futures are also in the red, extending yesterday's drop, while Asian equities were mixed as JPY stumbled. On tap today is the Advance Q3 GDP report, along with weekly jobless claims. Also today, supply will factor in with the $29 billion seven-year auction. There are many more earnings reports today covering a wide swath of the economy. Fed Chair Janet Yellen speaks on diversity in economics, and isn't likely to discuss monetary policy.
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