Free Trial

BMO's Ian Lyngen said that "in.....>

US TSYS/RESEARCH
US TSYS/RESEARCH: BMO's Ian Lyngen said that "in the week ahead, the strength in
the Treasury market will surely be challenged and barring a more significant
breakout toward the 2.150% to 2.155% volume bulge in the 10-year sector, a
period of consolidation early in the week should prove the path of least
resistance."
- He adds that "we're not abandoning (or disbanding) our call for lower yields
as we approach the budget/debt-ceiling debate, but will acknowledge that the
upside potential for the Treasury market is enhanced the larger the volume base
at the bottom of the yield range becomes. Said differently, the longer we're in
this low-yield environment, the more comfortable investors will be with a
continued rally." 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });