Unusual dark pool activity was detected in IEF stock on November 19, 2020.
Make sure to review this lesson on dark pool trading so that you understand the chart above.
The unusual dark pool trade worth $742 million looks like it was a buy order because of how the price of IEF responded to the print.
Jobless claims came in higher than expected which pushed U.S. Treasury yields lower on Thursday, November 19, 2020. Jobless claims came in higher than expected amid a worsening coronavirus pandemic.
The yield on the benchmark 10-year Treasury note slipped to 0.849%, while the yield on the 30-year Treasury bond fell to 1.575%. Yields move inversely to prices.
Jobless claims totaled 742,000 last week, ahead of the 710,000 estimate from economists surveyed by Dow Jones, according to the Labor Department. That total also represented an acceleration from the previous week’s total of 709,000.