Bond prices rise as weak employment-related statistics lead to a decrease in long-term US interest rates - with expectations of buying opportunities in the very long term as well.
October 11, 2024 7:48 AM JST
An increase in bond prices is expected on the 11th. While consumer price index (CPI) in the USA exceeded expectations, long-term interest rates slightly decreased due to slower labor market growth in employment-related statistics, leading to futures being bought in overnight trading. In addition to the Bank of Japan's government bond purchases, there are also expectations for buying opportunities in very long-term bonds that are experiencing rising yields.
An increase in bond prices is expected on the 11th. While consumer price index (CPI) in the USA exceeded expectations, long-term interest rates slightly decreased due to slower labor market growth in employment-related statistics, leading to futures being bought in overnight trading. In addition to the Bank of Japan's government bond purchases, there are also expectations for buying opportunities in very long-term bonds that are experiencing rising yields.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
