Tadashi Tsukaguchi
Tadashi Tsukaguchi
direction expecting fed future market means quiet rate releases statement surprises today until
There won't be any surprises from the Fed today and that means another quarter-point rate hike. We are expecting the market to be very quiet today until the Fed releases its statement and we get more direction on future rate moves.
buying continue european prefer purely spread yield
We see buying opportunities. On a purely yield basis, we prefer Treasuries over European bonds. The spread will continue to widen.
central decrease difficult foreign hold including narrow notes purchases share spread
The share of purchases from foreign investors, including central banks, may decrease as a narrow spread between short-and long-term notes makes it difficult to hold the bonds.
attractive buy closer expected fed hikes looking means raise rates step yields
Even as the Fed is expected to raise rates tomorrow, it also means they are one step closer to the end of rate hikes and that is making Treasuries attractive to investors. We are looking for opportunities to buy Treasuries around yields of 4.75 percent.
cheap looking
Treasuries are very cheap now. We are looking for opportunities to buy.