Home Business Wells Fargo: U.S. Treasury bonds hit the biggest one-day increase since the beginning of the outbreak, interest rate hike expectations are cooling again

Wells Fargo: U.S. Treasury bonds hit the biggest one-day increase since the beginning of the outbreak, interest rate hike expectations are cooling again

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Summary

[Wells Fargo: U.S. Treasury bonds hit the biggest one-day increase since the beginning of the outbreak, and interest rate hike expectations have cooled again]Investors’ concerns about variants of the new crown virus have caused the bond market to record the largest increase since the first few months of the outbreak. With the influx of investors into safe-haven assets, the 10-year Treasury bond yield fell as much as 15.1 basis points to 1.483%. The short-term interest rate market’s expectation of the central bank’s hawkish stance may be delayed. (Golden Ten Data)

Investors’ concerns about variants of the new crown virus have caused the bond market to record its biggest gains since the first few months of the outbreak. As investors poured into safe-haven assets, the 10-year Treasury bond yield fell as much as 15.1 basis points to 1.483%. Even if the yield subsequently rebounded slightly, today it is still expected to record its biggest one-day drop since March 2020.Low liquidity market conditions will only intensify the sell-off of risky assets and the rise of safe-haven assets. It remains to be seen how much the new variant may have global impact, but if another outbreak of the epidemic causes governments around the world to take more restrictive measures, the short-terminterest rateThe market’s expectation of the central bank’s shift to a hawkish stance may be delayed.

(Source: Golden Ten Data)

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