(Reuters) - However, few are ready to predict recovery in bonds yet. The rise in yields has led to a wave of portfolio readjustments by investors such as mortgage market players, which dealers said was continuing to exacerbate recent selling.
"Until the data soothes and/or former buyers return in a more public way, upside will be limited and a new range is the story," David Ader, Treasury market strategist at RBS Greenwich Capital, said in a morning note to clients.
Read more at Reuters.com Bonds News
"Until the data soothes and/or former buyers return in a more public way, upside will be limited and a new range is the story," David Ader, Treasury market strategist at RBS Greenwich Capital, said in a morning note to clients.
Read more at Reuters.com Bonds News
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