Bond selling more likely about the calendar than the fundamental outlook ...Middle East

The US Treasury market has certainly made things interesting so far in April.On just the second day of the month, the high yields in 10-years have broken out, rising above the 4.35% double top to the highest levels since November.If you want to stretch for a reason for the 19 basis point move this week, you can point to Powell's less dovish comments on Friday along with a better ISM manufacturing report yesterday.The fixed income team at BMO doesn't find that to be a compelling reason and today's eurozone inflation data certainly highlights how risks are two sided. They point to upcoming data this week as more important than what we've heard already starting with JOLTS today but highlighted

Hence then, the article about bond selling more likely about the calendar than the fundamental outlook was published today ( Tuesday 02/04/2024 - 03:53 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bond selling more likely about the calendar than the fundamental outlook )

Also on site :

• Dispatch centers in Marin County down, service outage reported for 911 calls
• Hawaiian Airlines announces Kahu'ewai Hawai'i Investment Plan of more than $600M over five years to modernize infrastructure and guest experience, and deepen its commitment to the community and sustainability
• Flutterwave buys Nigeria’s Mono in rare African fintech exit