80982
Bond Traders’ Wild Ride
Bond Traders’ Wild Ride

Bond Traders’ Wild Ride

Bond Traders’ Wild Ride

You’ve traded on inflation data and the prospect of rising sovereign-debt supply. You’ve wagered on Federal Reserve meetings and what the next chairman might do. And you’ve bet on jobs and wage growth that exceed or miss targets. Now try doing it all in one week, Bloomberg reported. With yields threatening to leap higher, bond traders will grapple this week with market-moving stimuli coming at breakneck speed. The selloff in treasuries less than a month into 2018 has already sparked calls of a bear market, including from Ray Dalio, founder of hedge fund Bridgewater Associates. US domestic events are about to take center stage, after decisions by the Bank of Japan and European Central Bank left 10-year yields close to the highest since 2014. Traders will have a few things on their minds: Janet Yellen’s final meeting as Fed chair, the treasury’s plan to cover widening deficits, and, to cap it all off, an update on the US job market. “It seems almost impossible how much is jammed into one week,” said Michael Lorizio, a senior trader at Manulife Asset Management, which oversees $383 billion.

 

Short URL : https://goo.gl/EymTxz
  1. https://goo.gl/2kdUrF
  • https://goo.gl/nG5wHu
  • https://goo.gl/6JB32j
  • https://goo.gl/7qa9Kn
  • https://goo.gl/832h3Y

You can also read ...

Saudi Arabia Facing Uphill Battles
Saudi Crown Prince Mohammed bin Salman’s Vision 2030 scheme...
Switzerland has the smallest ratio with 7.2% of GDP.
The shadow economy in Jordan accounted for 17.38% of the GDP...
The popular Tesla Model S is due to sell by the end of this month in China, at which point the price will go up about $20,900.
More than a week has passed since the US and China fired the...
The Bank of Italy revised its growth estimates down to 1.3% for 2018, and to 1% for 2019.
Italy's already weak growth forecasts were revised downwards...
Airbus, AirAsia Discussing $23 Billion Deal
The Malaysian airline, already the second-biggest customer for...
German Cabinet Warned of Economic Risks
The chief of Germany’s central bank, Jens Weidmann, warned the...
The bankruptcy of investment bank Lehman Brothers on September...
Pakistan Raises Key Interest Rate
Pakistan’s central bank on Saturday raised interest rates by...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus