Reported 30 days ago
The bond market is adjusting as investors foresee slower economic growth coupled with rising inflation, leading to increased demand for short-term Treasuries at lower yields while longer-term yields rise. Upcoming inflation data is expected to confirm these trends, with the five-year yields significantly dropping after the Federal Reserve's growth forecasts were revised downward. The market also prepares for a busy economic calendar and Treasury auctions in the coming week.
Source: YAHOO