Hidehiko Maejima
Hidehiko Maejima
building fed helps next pause percent raising rates sentiment
Sentiment is building that the Fed may pause for a while after raising rates to 5 percent next month. That helps shorter-maturity debt, especially two-year notes.
adverse concerned costs energy faster fed growth higher impact posing pressure prices producer rather risk
The Fed is concerned that higher energy costs may give an adverse impact on growth rather than posing a risk to faster inflation. Producer prices also showed latent inflationary pressure eased.
argue changed data decline economic growth picture seeing shows
The economic picture has not changed and it is still one that shows growth will be strong. The data we are seeing does not argue for a sustainable decline in yields.