FXStreet (Guatemala) - Analysts at TD Securities gave us a snap shot at the US market as we come to a close in the week.
“The post-payroll flush lower in yields may have more room to run in the near term. Yields should be grinding higher owing to stronger growth, inflation and Fed rate hikes that are the nearest of the cycle”.
“The problem is one of timing, and one of geopolitical and economic risk elsewhere. In some measure, 10s have underperformed over the past several weeks given Russian troops massing on the border with Ukraine, turbulence in Iraq, equities that are under pressure, and European data that looks wobbly, where front end rates have turned negative and where the ECB may be forced to launch QE”.