Tuesday, September 22, 2009

Morgan Stanley: US Economy Review and Preview This Week

By Ted Wieseman | New York

Treasuries posted significant losses, led by the intermediate part of the curve over the past week - except at the very short end, which was squeezed by a big pending decline in bill supply as Treasury winds down the SFP and quarter-end positioning - as equity and credit markets continued ramping higher and economic data remained solid. Supply was also a problem, with very heavy corporate issuance through the week and another run of record Treasury supply announced for the coming week.

http://www.morganstanley.com/views/gef/

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