Tadashi Tsukaguchi
Tadashi Tsukaguchi
central decrease difficult foreign hold including narrow notes purchases share spread
The share of purchases from foreign investors, including central banks, may decrease as a narrow spread between short-and long-term notes makes it difficult to hold the bonds.
direction expecting fed future market means quiet rate releases statement surprises today until
There won't be any surprises from the Fed today and that means another quarter-point rate hike. We are expecting the market to be very quiet today until the Fed releases its statement and we get more direction on future rate moves.
cheap looking
Treasuries are very cheap now. We are looking for opportunities to buy.
buying continue european prefer purely spread yield
We see buying opportunities. On a purely yield basis, we prefer Treasuries over European bonds. The spread will continue to widen.