US debt continues to rise, pressure on the authorities to cut interest rates intensifies - if employment statistics are strong, there is also a reversal
Updated 2024/8/2 20:30 JST (some excerpts)
The market incorporates interest rate cuts 3 times within the year, and the probability that 1 time is 0.5 points is also 50%
10-year bond yields are likely to head to 3.8% depending on employment statistics - McCullough
Due to the transaction on the 2nd, US bonds continued to grow for 7 days. Traders have strengthened the view that the US employment statistics to be announced on this day will be the basis for drastic interest rate cuts, and they are taking positions that anticipate rapid interest rate cuts.
The market has now fully factored in the fact that the US Federal Reserve will cut interest rates by 0.25 points in September, November, and December. Of these, the probability that 1 time will be 0.5 points is also about 50%.
The market incorporates interest rate cuts 3 times within the year, and the probability that 1 time is 0.5 points is also 50%
10-year bond yields are likely to head to 3.8% depending on employment statistics - McCullough
Due to the transaction on the 2nd, US bonds continued to grow for 7 days. Traders have strengthened the view that the US employment statistics to be announced on this day will be the basis for drastic interest rate cuts, and they are taking positions that anticipate rapid interest rate cuts.
The market has now fully factored in the fact that the US Federal Reserve will cut interest rates by 0.25 points in September, November, and December. Of these, the probability that 1 time will be 0.5 points is also about 50%.
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