Nomura expects U.S. Treasuries to benefit from growing concerns over a potential economic slowdown, with yields likely to decline further if the labour market begins to soften meaningfully.
In a note to clients, the bank said a resilient labour market would likely lead to only modest yield declines, but any signs of weakness could accelerate the downward move.
The cautious tone reflects a broader market narrative that slower growth, rather than inflation, is increasingly the dominant driver of bond market direction.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Nomura sees Treasury rally ahead on rising growth fears )
Also on site :
- Kremlin reveals how Putin will take part in BRICS summit
- Faith leaders challenge Texas law requiring Ten Commandments in classrooms
- Four Palestinians killed in occupied West Bank by settlers, Israeli troops