The incredible bid in US 2-year notes continues ...Middle East

forex live - News
The incredible bid in US 2-year notes continues
It's tough to put into words how big and difficult-to-explain the moves at the front end have been yesterday and today.CPI was hot yesterday and US 2s moved up to 4.39% from 4.33% but within hours that was erased. Later yesterday, yields fell further, presumably on slightly-dovish Fed comments and worries about Yemen strikes. Today, the bottom has fallen out with 2s down an additional 14 bps to 4.12%.To put that into perspective, three-month t-bills are yielding 5.36% (right between the Fed's target of 5.25-5.50%. You can roll that all the way out. In order to do better in 2s, you would need considerable Fed rate cuts on the back-half of the two-year period.I find it difficult to explain thi

Hence then, the article about the incredible bid in us 2 year notes continues was published today ( ) 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 ( The incredible bid in US 2-year notes continues )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News