FXStreet reports that strategists at Capital Economics notes that Jerome Powell, Chair of the Federal Reserve, has said that the move in debt markets "caught my attention" but stressed that the bank is looking at a broad range of financial conditions and seemed to allow for yields to further rise. Rates rose after Powell's remarks, led by the 10y sector and real rates. The 10y hit the highest level since February 2020 and risk assets struggled.
“The Fed chair once again struck a dovish tone, but that dovishness does not mean doing something to directly counter the recent rise in bond yields. Instead, it means no rush for tapering or tightening. The chair did say that last week's bond market moves were ‘notable,’ and ‘caught my attention,’ and that he ‘would be concerned by disorderly conditions in markets or a persistent tightening in financial conditions that threaten the achievement of our goals,’ but the implication is that bond market action to date is not very concerning.”
“We revise our US rates forecasts, looking for 1.75% on the 10y in the near-term and 2% by year-end. We expect a more stable 0-5y sector given the high bar for the Fed to hike rates. We remain long 5s for carry and rolldown, and look to sell 10s on rallies.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.