(Reuters) - "Right now the focus is on the equity market. For a bond
guy like me what's the value of a 30 year at 4.80 percent when
I can get 4.25 percent on a blue chip company in the
stock market," said Albert Safdie global fixed income trader at
Hapoalim Securities in New York.
Growing expectations that the Federal Reserve will keep the
federal funds rate at 5.25 percent for some time have triggered
heavy selling in bonds, boosting Treasury yields to three-month
highs.
Read more at Reuters.com Bonds News
guy like me what's the value of a 30 year at 4.80 percent when
I can get 4.25 percent on a blue chip company in the
stock market," said Albert Safdie global fixed income trader at
Hapoalim Securities in New York.
Growing expectations that the Federal Reserve will keep the
federal funds rate at 5.25 percent for some time have triggered
heavy selling in bonds, boosting Treasury yields to three-month
highs.
Read more at Reuters.com Bonds News
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