Asia Unhedged | Bond prices nearly unaffected by recent data, US equities recover slightly from weak opening
New York Stock Exchange (NYSE) building  in New York. Photo: AFP, Jewel Samad
New York Stock Exchange (NYSE) building in New York. Photo: AFP, Jewel Samad
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Bond prices nearly unaffected by recent data, US equities recover slightly from weak opening

March 6, 2017 11:44 PM (UTC+8)

Durable goods orders rose 1.2% in February vs. expectations of 1%. Ex-transportation orders were flat. Capital goods ex-defense and ex-transportation are up 2.6% year on year but flat on the month.  Bond prices were nearly unchanged on the news. Equity markets meanwhile have come back slightly from a weak opening with the DJIA down 46 points.

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