Short-End Treasuries Become Popular Bet on Fed Inflation Win
Investors are shifting toward shorter-dated US government bonds, betting that the Federal Reserve will successfully control inflation. Gennadiy Goldberg of TD Securities discussed how the current interest rate hiking cycle may evolve. Market focus remains on where the 10-year Treasury yield will finish the year.
Investors in the US Treasury market are shifting their focus to owning shorter-dated government bonds, a bet that the Federal Reserve will eventually emerge victorious in its fight against inflation. Gennadiy Goldberg, Head of US Rates Strategy at TD Securities, discusses how the current rate hiking cycle might evolve and where the 10-year could finish the year. (Source: Bloomberg)
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