We're not interested in Treasuries because the Fed will probably raise rates two more times this quarter. That means yields have room to rise from here, which is why we are staying away for now.
The market will probably be less active today as players are waiting for the Fed speakers for some direction on where interest rates are heading.
We are still cautious about Treasuries because global interest rates are rising. I'll wait before buying because yields will keep going up in the short term.