USD, Equities Lower; Treasuries Higher Despite Solid Data

Wall Street drifted lower after climbing to new high. We believe this was mainly due to profit-taking as US macroeconomic data remained solid. US dollar slipped while Treasury prices rose, pressuring yields. US 2-year and 10-year yields dropped -5 bps to 1.21% and 2.45% respectively. European peripheral bonds firmed, with yields lower, after release of the ECB minutes.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/usd-equities-lower-treasuries-higher-despite-solid-data-2017021734259/