US 10Y TREASURY: still digesting

It was an interesting week for US Treasury bonds. Although markets went into hype after the election of Donald Trump as the next President of the US, the 10Y Treasury yields remained out of this scope. Their exclusive focus was on the FOMC meeting and Fed’s next move. As expected, the Fed cut interest rates by another 25 bps, with a solid overview of the US economy at this moment. The 10Y Treasury benchmark reached its highest weekly level at 4,47%, after which some relaxation came, down to the level of 4,30%.

Markets will use the week ahead to digest currently available data. The Fed has another FOMC meeting scheduled in December. Markets are expecting, with currently 75% odds that the Fed will make another rate cut by 25 bps. In line with this sentiment, it could be expected that 10Y Treasury yields will continue with a relaxation. However, some volatility might also be expected, where the yields might shortly turn to the upside, testing levels modestly above current 4,3% level, before they make a move toward the 4,2% level.
Fundamental AnalysisTrend AnalysisUS10Y

他のメディア:

関連の投稿

免責事項