Xinyi Lu
Xinyi Lu
auction becoming environment
The environment is becoming unfavorable to bonds. I don't think the auction will be good.
attention attract became bonds chance days declines giving high past pay people several sold stocks value yields
People sold bonds excessively the past several days and yields became high enough to attract buyers. Declines in stocks are giving people a chance to pay more attention to the value of bonds.
action believed cut decided delay finally financial government investors shocked stop
Some financial institutions believed Fukui would delay the action but the government can't stop him. It shocked some investors and they finally decided to cut their losses.
buy decline encourage investors stocks
A decline in stocks will probably encourage investors to buy bonds.
data fed figures growth higher inflation policy reinforce strong supporting
Strong figures on growth and inflation will reinforce expectations of higher Fed rates, supporting the dollar. Fed policy is now more and more data dependent.
ceiling deflation economy ended japan percent yields
Two percent is not a ceiling for 10-year yields in Japan as deflation ended and the economy is expanding.
adding chase concerned higher investors money returns treasury yields
Treasury yields will go higher as investors are concerned about inflation. Money is going into commodities to chase higher returns and that is adding to inflationary pressures.
bank central gain monetary policy shift yields
Yields won't gain much after the policy shift because the central bank won't keep tightening monetary policy.