Hiroyuki Yamada
Hiroyuki Yamada
attractive coming cover investors levels short
We see investors coming in to cover short positions. For some, these are attractive levels to get in.
expensive fed given interest levels raise worried
Treasuries are expensive at these levels given that the Fed is still going to raise interest rates. The Fed is still worried about inflation.
bad bigger buy difficult effect fed hike levels next quarter rates supply
Supply in this quarter will be bigger than usual, so it will have a bad effect on the market. It's difficult to buy at these levels when you know the Fed will hike rates next week.
bit economy
We are still a bit bearish on Treasuries. The economy is doing well.
again attractive bit economy fed march market maybe raise rates thinks
I am still a little bit bearish. The market thinks the U.S. economy is strong. Treasuries are still not attractive because the Fed will raise rates on March 28 and maybe again in May.