The US bond market faces a test of inflation data, with traders betting that the upward trend will continue
I'm PortAI, I can summarize articles.
The US bond market faces a test of inflation data, with traders betting on a significant rise in the bond market. Recent market turmoil has triggered risk aversion, fearing that a softening economy may force the Fed to cut interest rates. A survey by Morgan Stanley shows that client net long positions have reached recent highs. The US July CPI data is expected to support the bond market. The market has priced in a 25 basis point rate cut by the Fed in September, with some betting on a 50 basis point cut. Options skewness indicates that traders expect a possible rebound in the bond market
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments