US Bonds Market to be Tested
0Last week, the Treasury market increased on expectations that the Federal Reserve will announce steps to curtail interest rate increases. The increase brought the benchmark 10-year yield back to about 4%. Some investors have bet that the bond market turmoil would soon come to an end. But opinions among investors about what the Fed will do in December remain sharply divided. On Friday, the monthly employment report is expected to be released. 200,000 new positions are expected to have been added in October, a modest decrease from the previous month.
According to data released last week, inflation may be reaching a pinnacle as the personal consumption expenditure index remained stable in September at a rate of 6.2% annually. The most recent SMRA portfolio survey revealed that for the first time since 2021, investors were once again net long at 100.1%.
Source: https://www.businesstimes.com.sg/companies-markets/treasury-market-rally-faces-reality-check-as-powell-sets-path
Buy and Sell Crypto at Binance: https://accounts.binance.com/en/register?ref=36721001
Trade Binary Options at IQ Option: https://affiliate.iqbroker.com/redir/?aff=318140
If you like this video, leave a comment and subscribe to my channel if you like the content!
Disclaimer: I am not a financial advisor, nor do I claim to be one. I accept no liability for any loss incurred by anybody who acts or refrains from acting as a result of any content provided or published. Everything spoken in this video or published by its creator is an opinion and should not be taken as fact. Trading cryptocurrencies and any other form of asset involves a high risk and you may lose your full investment.
Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.
Affiliate Links Disclaimer: This video contains affiliate links. I may be compensated for actions you complete on those websites at no additional charge to you.