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Stock impact report

Treasuries Steady as Traders Brace for Post-Shutdown Volatility [Yahoo! Finance Canada]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
However, the ICE BofA MOVE Index, which estimates bond-market volatility, has jumped to a one-month high after recently reaching a four-year low, indicating the incoming flurry of economic data to be published by the government may spur action in markets. Investors in the $30 trillion market have been waiting for government economic reports to begin flowing again for clues on where the Federal Reserve will take interest rates at the bank's final meeting of the year. They have been relying on private data in the absence of official numbers, with the latest figures from ADP Research signaling a slowing US jobs market. “US Treasury investors are bracing for more volatility now that the government will start releasing more data again,” said Michiel Tukker, senior European rates strategist at ING Groep NV in a client note. He added that any new inflation and jobs data will be able to push around the front end of the curve given markets have not fully settled on the Fed's next steps. Show less Read more
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