HigherForLonger
Higher-For-Longer Risk For Rates Drives Up Treasury Yields – Beragampengetahuan
Bowing to recent data, Federal Reserve Chairman Jerome Powell on Tuesday conceded that inflation progress has stalled and the case for rate cuts has weakened. The Treasury market has been effectively making the same case for weeks, but when the top central banker says it out loud the crowd notices. “More recent data shows solid […]
Higher-For-Longer Risk Continues To Grip US Treasury Market – Beragampengetahuan
A perfect storm may be brewing for the bond market as a combination of factors drive yields higher. Exhibit A is the benchmark 10-year Treasury yield, which rose again in yesterday’s trading to 4.61% (Sep. 27), the highest since 2007. Several other maturities on the yield curve are also trending higher, including the policy-sensitive 2-year […]