Fundamental Analysis

Interest Futures Rebound as 30-Year Auction Points to Increased Demand

Interest futures recovered on Thursday after a successful 30-year bond auction. At the same time, Trump said he would not bomb Iran until after the midterm elections, easing concerns about higher fuel prices and hotter inflation. However, underlying fundamentals still indicate further downside for bonds. The US Treasury Department announced a bigger-than-expected sale of 30-year Read More…