The curve yield is steepening | 06 5月 2022

06 5月 2022, EUR/USD

The curve yield is steepening

EURUSD trading plan:

A selloff in long-end Treasuries pushed yields to fresh multi-year highs, with the benchmark 10-year rate pushing above 3% as trading flows favored a steeper curve and concern over inflation rattled the bond market. The 10-year was up as much as 10 basis points at 3.05% as the market continued to test the 3% threshold for a fourth straight trading session. The yield on the 30-year bond rose as much as 11 basis points to around 3.15%, its highest level since December 2018. Short-end yields also rose, albeit by less, unraveling part of the move lower from Wednesday that was spurred by the Federal Reserve meeting and its aftermath. That trading shift was spurred when Fed chair Jay Powell poured cold water on the central bank considering more aggressive three-quarter point hikes at forthcoming policy meetings.

Investment idea: sell 1.0550 and take profit 1.0485.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus