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Bond Market Update

  • The Market at 15:31 ET

    10-Year: -5/32…2.21…EUR/USD: 1.1013USD/JPY: 121.54

    Treasury Market Stands Its Ground

    • -- AprilCPI: Actual +0.1%, Consensus +0.1%, Prior +0.2%
    • -- April Core CPI: Actual +0.3%, Consensus 0.2%, Prior 0.2%
    • -- Fed Chair Yellen speaking in Providence: Fed will likely raise rates this year if economy grows as FOMC expects; economy will accelerate from slowdown in 1st quarter; economy still faces headwinds from persistently low business investment and energy sector weakness; will be several years before Fed funds is back to normal level