The U.S. Treasuries surged during Monday’s afternoon session ahead of a host of speeches by members of the Federal Open Market Committee (FOMC) – Williams, Bullard and Daly scheduled to be delivered today by 13:50GMT, 17:00GMT and 18:30GMT respectively.
The yield on the benchmark 10-year Treasury yield slumped 6-1/2 basis points to 1.689 percent, the super-long 30-year bond yield plunged 7 percent to 2.127 percent and the yield on the short-term 2-year traded nearly 5 basis points down at 1.665 percent by 11:55GMT.
After US stocks moved broadly sideways yesterday (the S&P500 closed unchanged on the day), a number of Asian-Pacific markets also trod water today. Japan’s main indices were a case in point, with the Topix closing unchanged on the day as August inflation data predictably showed little signs of life, Daiwa Capital Markets reported.
Final Q2 GDP numbers – also to be published on Thursday – are likely to confirm annualised growth of 2.0 percent q/q, while advance goods trade and inventories figures for August will be closely watched for economic momentum in Q3, the report added.
Meanwhile, the S&P 500 Futures remained tad 0.15 percent up at 3,012.38 by 12:00GMT.


Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns
Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets 



