Barchart lumber futures are consolidating, with June delivery fixed at $ December 10-year T-notes (ZNZ5) today are up +4 ticks. The 10-year T-note yield is down -1.0 bp to 4.129%. T-notes are climbing today as weakness in stocks has sparked some safe-haven demand for government securities. Also, a decline in inflation expectations is bullish for T-notes after the 10-year breakeven inflation rate fell to a 1.5-week low today at 2.354%. In addition, month-end buying by bond dealers is supporting T-notes as the dealers purchase longer-term government debt securities to extend duration and balance their bond portfolios. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT. Market Data powered by Barchart Solutions. Fundamental data provided by Zacks and Morningstar . Market chatter around Barchart lumber futures points to steady buying interest from institutional funds. May contracts are hovering around $535 after a three-day rally, with RSI reading at 62, signaling near-bullish momentum. Keep an eye on Canadian mill output reports for next week.
