(Reuters) - However, few are ready to predict recovery in bonds yet.
The rise in yields has led to a wave of portfolio readjustments
by investors such as mortgage market players, which dealers
said was continuing to exacerbate recent selling.
"Until the data soothes and/or former buyers return in a
more public way, upside will be limited and a new range is the
story," David Ader, Treasury market strategist at RBS Greenwich
Capital, said in a morning note to clients.
Read more at Reuters.com Bonds News
The rise in yields has led to a wave of portfolio readjustments
by investors such as mortgage market players, which dealers
said was continuing to exacerbate recent selling.
"Until the data soothes and/or former buyers return in a
more public way, upside will be limited and a new range is the
story," David Ader, Treasury market strategist at RBS Greenwich
Capital, said in a morning note to clients.
Read more at Reuters.com Bonds News
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