During the previous week there has been a lack of new macro data which would point to markets the course of inflation and potential next Feds move regarding interest rates. Still, the markets are watching closely any statements from Fed officials, and trying to position according to the current sentiment. Considering that statements from Feds officials were pretty cautious regarding the future rate cuts, the markets reacted by increasing yields. The US 10Y benchmark started the week by testing the 4,0% level, and moved to the highest weekly level at 4,25%. Yields eased on Friday, ending the week at 4,18%.
The week ahead is bringing a release of new PCE and Non-farm payrolls data, which would most certainly bring some increased volatility back to the market. There is the potential that the yields might continue to slow down during the week, however, in case of any surprises related to macro data, yields could also hit the 4,25% level for one more time.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.