WS #16566
Treasury yields are expected to remain rangebound near 5% in the near term, according to SEB, reflecting a market in equilibrium between sticky inflation and slowing growth. The Bank of Japan's updated schedule for JGB purchases and USD fund operations indicates continued monetary management in Asia, but with limited immediate impact on US yields. This stability suggests a lack of immediate macro shocks, allowing sector-specific earnings to drive market performance.
Macro and Treasury Yields
Treasury yields are expected to remain rangebound near 5% in the near term, according to SEB, reflecting a market in equilibrium between sticky inflation and slowing growth. The Bank of Japan's updated schedule for JGB purchases and USD fund operations indicates continued monetary management in Asia, but with limited immediate impact on US yields. This stability suggests a lack of immediate macro shocks, allowing sector-specific earnings to drive market performance.