Hidehiko Maejima
Hidehiko Maejima
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.
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.
bond data economy economy-and-economics employment expect fed growth hike market push rates strength yields
Employment growth will keep the economy going and the bond market will be susceptible to the strength of the data that will push the Fed to hike rates again. We expect yields to rise.