Monday, January 23, 2012

Treasury prices are off slightly this morning with no data to digest and futures are indicating a flat to slightly higher open for equities. 

The economic calendar is quiet to start the week with the Fed announcement scheduled Wednesday afternoon. 

Currently, the 10yr yield is at 2.048% (1.998% Friday) and the 2-10 yield spread is at 181bps, 5bps steeper since Friday morning.

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