James Dutkiewicz
James Dutkiewicz
across bank bonds central continue data economic growth likely means reasonably sell strong yields
Economic data have been reasonably good, so the bonds continue to sell off. Strong economic growth means the central bank is likely to tighten further. You see significant back-up in yields across the board.
bank bit bonds central consumers expensive nervous push rising spending
Bonds are a little bit expensive right now. Consumers are spending a little bit aggressively, which may make the central bank nervous about rising prices. It may push the bank to tighten further.