Correct: EIA Natural Gas Storage Change for the week ending November 9 Gas inventories 18 Bcf draw vs. consensus of 22 Bcf draw. This corrects the week ending date from the prior note.
News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
Perhaps NY Fed dove Dudley will flip Perhaps NY Fed dove Dudley will flip to the hawkish camp after hawkish Bullard sounded very dovish earlier? Not very likely. But analysts'll get a chance to find out at 13 ET when Dudley addresses a "Lessons at the Zero Bound" discussion by the Japan Society in NY. Analysts believe that however these preliminary Fedspeakers shake out, Bernanke is still in no rush to exit QE prematurely, which could continue to buy the bond market a little reprieve tomorrow. Indeed, the T-note yield just marked session lows under 1.94% even though stocks are back near highs thanks to Bullard earlier.
NY Fed bought $3.31 B in notes NY Fed bought $3.31 B in notes dated from August 2020 through May 2023. The Street offered $13.1 B.The buyback, and resistance important levels, contained the updraft in yields. The 10-year yield has dipped from a 1.996% high to 1.97% currently. The 7-year note has slid to 1.328% from 1.35% earlier.
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