FOMC Minutes

Any thoughts on the effects of the minutes on the bond and stock markets? It seems like people are going to be looking for some type of signal for a pause at a future meeting(s).

 

what a non event (for an intraday trend)

 

No pause, so is it a SELL then?

 

Looked like a buy to me in the bonds. Penetrated 4% near the close.

 

Anyone have any idea why the 10 yr outperforming so much relative to the 5 and 30 yr. The 10 yr explodes towards the close but the the 5 and 30 can even touch or get near the highs

 

Where did you see this?

$TNX closed @ 4.037

 

Sorry, your right I thought that 112 31 was the 4% level in the futures but that price was the 4% a few days ago.

 

not that it matters now... the futures are currently trading at 113 '06 up 6 ticks since the cash close