For those of you who would like to take advantage of our Luck O' the Irish SALE but prefer not to make payments online, you are welcome to send us a check or money order in the amount of $114.12 for a 3-year AD-FREE Premium Service Bundle or $190.20 for a 5-year Bundle. Make checks or money orders payable in US funds to "Investor Village" and send to: Investor Village, P.O. Box 2958, Marrero, LA 70073.
As many of you know, we operate on the honor system around here. So, in closing out our Luck O' the Irish SALE, we wanted to advise those of you who plan to pay by check or money order that you can send a PM to Admin informing us of your intention. We will then upgrade your account for 7 days, allowing you to enjoy our ad-free premium service now and giving you a reasonable amount of time to get your payment in.
U.S. Treasuries fell sharply today as Brexit worries waned and global stock markets rallied. U.K. Gilts and German Bunds also sold off sharply but debt of the eurozone's periphery rallied sharply as fear of a Brexit event causing more fissures in the eurozone receded. Fed Chair Yellen will give her semi-annual testimony to the Senate Banking Committee on Tuesday morning. The S&P 500 now trades up 0.97% to 2,091.2 and the U.S. Dollar Index is down 0.61% to 93.64
Yield Check:
2-yr: +3 bps to 0.72%
5-yr: +5 bps to 1.16%
10-yr: +6 bps to 1.67%
30-yr: +5 bps to 2.47%
News:
The $26 bln 2-year Treasury auction was met with satisfactory demand. The high yield came in at the same level as the when-issued yield just prior to the auction
High yield: 0.745% (when-issued: 0.745%)
Bid-to-cover: 3.01
Indirect bid: 47.4%
Direct bid: 9.9%
Primary dealer takedown: 42.7%
Commodities:
WTI crude: +2.57% to $49.81/bbl.
Gold: -0.24% to $1,291.7/troy oz.
Copper: +1.97% to $2.0915/lb.
Currencies:
EUR/USD: +0.32% to 1.1312
USD/JPY: -0.10% to 104.02
Fed Speaker:
Fed Chair Yellen gives semi-annual testimony before the Senate Banking Committee (10:00 ET)
Treasury Auction:
$34 bln 5-year Treasury auction (results at 13:00 ET)