Thursday, April 2, 2009

Dow - Nasdaq

Dow Jones New$-Treasurys are lower as a rally in global equities spurs risk appetites and dents safe-haven demands. Major even risks include ECB Trichet's press conference following its 25-bps rate cut, which is less than market had forecast. Investors also keep close eyes on G20 meeting in London. US weekly jobless claims are due at 8:30 a.m. EDT followed by factory order data at 10 a.m. EDT. Fed will conduct its third round of Tsy buying for the week later Thursday morning. The 10-year note is down 14/32 to 100 10/32 to yield 3.71% while the 30-year bond is down 26/32 to 99 8/32 to yield 3.54%. S&P futures up 17. (MOZ)
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