Given that the market is having difficulty rallying, we believe the risk is to higher yields upon a stronger-than-expected non-farm payrolls report. The unemployment rate will also be important. If it drops to 4.6 percent, then that would be very bearish.
I think we had a pretty nice sell-off over the last couple of days. Then, international markets found some support (overnight) and that created more of a technical correction.
It's a different story when the two-year is yielding 7 percent and the 10-year is at 6.5 percent -- those are restrictive for the economy.
Someone took a big chunk of the auction, so we are seeing strong short-covering now in very technical trade.
There is a growing belief that the Fed will just keep hiking rates.
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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.