Treasury Yield Curve Steepens in Morning Trading


U.S. Treasuries are mixed across durations as the yield curve steepens.

In a quiet week on the economic calendar, investors are considering whether the Fed’s hawkish turn last week will translate into a higher interest-rate trajectory next year, or whether the central bank’s plans could again be disrupted by surprises in employment and inflation data due mid-January.

Next week, traders will also have an eye on the repo market, wary that a brief spell of funding pressure that cropped up at the end of 3Q could recur as the calendar flips to 2025.



Source link

About The Author

Scroll to Top