Long-End U.S. Treasurys Remain Exposed to Weakening Foreign Demand

Dow Jones
08/21

0558 GMT - U.S. Treasury yields have remained volatile in August and the long-end remains exposed to any deterioration in foreign demand, with recent yen intervention particularly in focus, SEB analysts say in a note. "The Treasury outlook over the coming months will be shaped by the Federal Reserve policy path, the inflation outlook, fiscal pressures and supply absorption, potential JPY-related intervention flows, international investor demand, and the evolution of term premia," they say. The analysts expect the 10-year Treasury yield to trade mainly within a 4.50-4.80% range over the coming months; it is last at 4.705%, up 0.8 basis point, according to Tradeweb. Weaker macroeconomic data, larger buybacks and, potentially, a more durable conflict resolution in the Middle East would support the Treasury market.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10