Rates Spark: We see US payrolls, but we also see pressures for higher longer rates | Metals Mine

  • Rates Spark: We see US payrolls, but we also see pressures for higher longer rates

    From think.ing.com

    The US 10yr yield at 4.2% is pretty much where it was on the eve of 'Liberation Day' (2 April). From there it managed to snap down to 3.85% as a one-to-two-day reaction to risk-off, and heightened recession risks by implication. It then turned tail and shot up to 4.6%. Fast forward to the last few weeks, and the tariffs are absolutely 'back on', but with far less effect this time around. The worry ahead is upside to inflation (even if technically more a price rise than an inflation rise). The burning question is whether the 10yr yield can break back down to 4% (or below) with inflation at the same level. It could. ... (full story)

Comment Options
  • Story Stats

  • Related Stories