Will bonds rise as the downward trend in long-term US interest rates continues, supported by the appointment of the US Treasury Secretary as well?
Bond prices on the 25th are expected to rise. Following the trend of the decline in long-term interest rates in the USA and the rise in long-term government bond futures in overnight trading. Steven, a fiscal hawk, is nominated as the next US Treasury Secretary.NominationEvents such as the escalation of tensions between Ukraine and Russia are likely to provide overall support for the market due to heightened expectations for US bond prices.
November 25, 2024 4:46 JST (excerpt)
After the 10-year bond yield exceeded 4.5% on the 15th, large buy orders came in one after another.
If the yield significantly exceeds 4%, it alone is an investment attraction - PIMCO
The US bond market has been under selling pressure for two months, but now it is finally showing signs of stabilization. Whenever the yield tries a new peak, there is immediately buying interest.
Against the backdrop of Mr. Trump's victory in the US presidential election, persistent inflation, and the continued release of strong economic indicators, the yield on the 10-year US bond has been rising rapidly since mid-September.
However, after the yield exceeded 4.5% on the 15th of this month, large buyers entered one after another. The yield has rapidly declined and has not exceeded that level since then. At the end of last week on the 22nd, it closed at 4.4%, which is 3 basis points lower than the 4.43% a week ago.
After the 10-year bond yield exceeded 4.5% on the 15th, large buy orders came in one after another.
If the yield significantly exceeds 4%, it alone is an investment attraction - PIMCO
The US bond market has been under selling pressure for two months, but now it is finally showing signs of stabilization. Whenever the yield tries a new peak, there is immediately buying interest.
Against the backdrop of Mr. Trump's victory in the US presidential election, persistent inflation, and the continued release of strong economic indicators, the yield on the 10-year US bond has been rising rapidly since mid-September.
However, after the yield exceeded 4.5% on the 15th of this month, large buyers entered one after another. The yield has rapidly declined and has not exceeded that level since then. At the end of last week on the 22nd, it closed at 4.4%, which is 3 basis points lower than the 4.43% a week ago.
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