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Tuesday March 23, 06:22
Treasurys fall as futures indicate opening stock gain

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An expected bounce for the bruised stock market at Tuesday's open sapped demand for lower-risk bonds. The benchmark 10-year Treasury note was down 5/32 at 102 6/32 in early U.S. trading. Its yield (TNX) stood at 3.73 percent vs. 3.71 percent at the previous U.S. close. The market was preparing for more Federal Reserve speeches this week after the Chicago Fed's Michael Moskow reaffirmed the central bank's view of continued low inflation in a talk delivered on Monday. Also, an auction of $26 billion 2-year notes was planned on Wednesday. The dollar was showing small gains vs. the major currencies. Dow futures were up 43 points at 10,080. S&P and Nasdaq futures were higher as well.
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