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J.P.Morgan Remain Bearish 10s

US TSYS

J.P.Morgan note that "although growth appears to have downshifted toward the end of Q321, we continue to forecast firmly above-trend growth into 2022. Moreover, valuations remain rich, and with duration supply set to pick up this week amid less supportive seasonals, we remain bearish on 10-Year Treasuries at current levels."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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