(Reuters) - Implied prospects for a single rate cut this year fell below
30 percent from 44 percent overnight. At the start of May, the
market had priced in between one and two quarter-percentage point
cuts by year-end.
Investors remained on their guard as they believed strong
figures in high-profile non-farm payrolls data would trigger more
bond selling, pushing the 10-year yields towards the
psychologically important 5 percent level, traders said.
Read more at Reuters.com Bonds News
30 percent from 44 percent overnight. At the start of May, the
market had priced in between one and two quarter-percentage point
cuts by year-end.
Investors remained on their guard as they believed strong
figures in high-profile non-farm payrolls data would trigger more
bond selling, pushing the 10-year yields towards the
psychologically important 5 percent level, traders said.
Read more at Reuters.com Bonds News
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