U.S. Treasury Yields Expected to Rise as Fed Rate Hikes Awaited - Market Talk
Dow Jones08-03
1015 GMT - U.S. Treasury yields are expected to rise further with interest-rate hikes by the Federal Reserve coming later, BNP Paribas analysts say in a note. "We think the market will continue to question the Fed's credibility and push long-end yields higher," the analysts say. The Fed left policy rates unchanged last week, with three FOMC members dissenting in favor of a hike. BNP Paribas analysts continue to expect the Fed to deliver three hikes starting December. "All in all, we believe the FOMC is moving towards rate hikes, albeit with a reluctance similar to its hesitation in April to abandon its easing bias," the analysts say.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments