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.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.