Date: 4/10/2017
Author: Thomson Reuters

TREASURIES-U.S. bond yields edge down ahead of 3-year auction


Incapital’s Managing Director of Fixed Income Strategy Sharon Stark shares thoughts on upcoming Treasuries auctions and the Fed.

Reduced trading volume due to Passover and Easter holidays this week may end up depressing bids for the latest wave of Treasuries, analysts said.

 

    "The auctions this week are going to be a challenge," said Sharon Stark, fixed income strategist at Incapital LLC in Boca Raton, Florida.

 

The U.S. Treasury Department will sell $20 billion in 10-year notes on Tuesday and $12 billion in 30-year bonds on Wednesday.

 

    "The Fed is worried about complacency in the market. They want to be as clear as possible and give the market plenty of lead time," Stark said.

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