InvestorsHub Logo
Followers 319
Posts 15944
Boards Moderated 0
Alias Born 01/02/2010

Re: None

Tuesday, 07/30/2013 3:01:41 PM

Tuesday, July 30, 2013 3:01:41 PM

Post# of 46663
Anybody holding overnight?...
From WSJ article...

"Get ready for some potentially wild swings Wednesday. The busy session kicks off at 8:15am EDT with the ADP jobs release, then 2Q GDP at 8:30am EDT, the same time the Treasury will release its quarterly refunding report. The Fed rate statement is then due around 2:15pm EDT. Jobs data and Fed policy are key drivers in the bond market these days, so Wednesday's moves likely set the tone for weeks to come. And this is all taking place on the last day of July, which means fund managers will be shifting around assets for month-end reporting. With so many factors ahead, bond investors are taking some chips off the table for now. Ten-year notes have erased earlier gains, unchanged to yield 2.599%. (min.zeng@wsj.com; @minzengwsj) "