The US deficit far exceeded expectations, but the 'long US bond' trade still returned.

The trading of US bonds that leaned long in the past week has rebounded significantly. According to a JPMorgan bond customer survey, in the week ended June 17th, the long position of US bonds rose by 6 percentage points, pushing the net long position to the highest level since May 20th. The overnight weaker retail data further fueled the rise in US bond prices and diving yields.

wallstreetcn56minutes ago

Apple, Microsoft Push S&P 500, Nasdaq to New Highs | Wall Street Today

The S&P 500 and Nasdaq resumed their rally to fresh all-time highs, buoyed by gains in tech giants Apple and Microsoft.

Moomoo Recap USJun 17 16:03 ET

Nasdaq Inches Up, But S&P 500 and Dow Fall as Wall Street Awaits GameStop Annual Meeting

Stocks opened mostly lower but generally flat Monday as Wall Street sees whether investors will build on last week's record highs for the

Jerry KronenbergJun 17 10:26 ET

U.S. Treasury Yields to Remain Data-Driven in The Summer -- Market Talk

U.S. Treasury yields are likely to fluctuate in a broad range this summer, responding to key individual economic data, Jussi Hiljanen, chief strategist for euro and dollar rates at SEB Research, says in a note

WSJJun 14 03:05 ET

Slowing U.S. Inflation Expected to Open Up Opportunities in Bond Markets

0658 GMT - Slowing U.S. inflation is likely to coincide with a broader pullback in U.S. economic growth, and the Federal Reserve's anticipated rate-cut time frame highlights potential fixed-income opp

WSJJun 13 04:43 ET

Gilt Yields Fall After U.S. Inflation Decelerates -- Market Talk

Gilt yields decline, tracking falls in U.S. Treasury yields, after U.S. inflation decelerated in May, raising the chances that the U.S. Federal Reserve could start cutting interest rates later this year.

WSJJun 12 09:06 ET