Today’s Market Update

Long-End Treasuries Pare Gains After $975k/DV01 Ultra-Long Block
2019-10-16 11:36:06.532 GMT

By Edward Bolingbroke
(Bloomberg) — Long-end of Treasuries curve pressured lower
after large block trade in ultra-long bond futures.
* 2,809 WNZ9 blocked at 188-06, 7:13am ET
* Shortly after block 30-year yields extended through 2.22%,
remain 1bp richer on the day

To contact the reporter on this story:
Edward Bolingbroke in New York at ebolingbrok1@bloomberg.net
To contact the editors responsible for this story:
Benjamin Purvis at bpurvis@bloomberg.net
Elizabeth Stanton

Treasury Yields

Term  Current  Last Month
3 Month1.659%1.976%
6 Month1.640%1.921%
2 Year1.585%1.759%
5 Year1.554%1.699%
10 Year1.734%1.847%
30 Year2.218%2.318%
Yields updated each morning.
Source: Bloomberg

Benchmarks

PRIME5.00%
DJIA27,024.80
Crude Oil (WTI)$53.15
YEN108.6615
Gold$1,487.13
1 Year CMT1.59%
1 Month LIBOR1.8908%
Fed Funds Effective1.95%
Next FOMC MeetingOctober 29th-30th
Source: Bloomberg

Economic Indicator Calendar

DateEventPeriodSurv (M)ActualPriorRevised
10/16MBA Mortgage Applications11-Oct0.5%5.2%
Retail Sales Advance MoMSep0.3%-0.3%0.4%0.6%
Retail Sales Ex Auto MoMSep0.2%-0.1%0.0%0.2%
Retail Sales Ex Auto and GasSep0.3%0.0%0.1%0.4%
Retail Sales Control GroupSep0.3%0.0%0.3%
NAHB Housing Market IndexOct68.071.068.0
Business InventoriesAug0.2%0.0%0.4%0.3%
Net Long-term TIC FlowsAug$84.3b
Total Net TIC FlowsAug$43.8b
U.S. Federal Reserve Releases Beige Book
10/17Building Permits MoMSep-5.3%7.7%8.2%
Building PermitsSep1350k1419k1425k
Housing StartsSep1320k1364k
Housing Starts MoMSep-3.2%12.3%
Philadelphia Fed Business OutlookOct8.012.0
Initial Jobless Claims12-Oct215k210k
Continuing Claims5-Oct1670k1684k
Industrial Production MoMSep-0.2%0.6%
Manufacturing (SIC) ProductionSep-0.3%0.5%
Capacity UtilizationSep77.7%77.9%
Bloomberg Consumer Comfort13-Oct62.7
Bloomberg Economic ExpectationsOct49.5
10/18Leading IndexSep0.1%0.0%
10/15-10/18Monthly Budget StatementAug$83.0b$119.1b
Source: Bloomberg