Durable good not helping
The better US durable goods data is not helping the US stocks - at least at the opening. The S&P is trading down bout 3-4 points or -0.15%. The Nasdaq is down about 9 points or -0.16% and the Dow is down 23 points or -0.13%..
In the US debt market today:
- two-year note yield 0.7756%, +1 basis point
- five-year note yield 1.1540%, +1 basis point
- 10 year note yield 1.5765%,+2 basis points
- 30 year bond yield 2.264%, +2 basis points
European stocks are lower today:
- German DAX down -1.11%
- France's CAC down -0.84%
- UK's FTSE down -0.37%
- EUro Stoxx down -0.82%
European 10 year bond yields are higher by about 2-3 basis points.