The market seems to anticipate a May increase plus another one, but probably not two after May, which will likely make the 5 percent benchmark yield reasonable.
More Quotes from Akifumi Uchida:
U.S. durable goods orders suggest the (U.S. Federal Reserve) is almost certain to raise interest rates two more times. That should support the dollar.Akifumi Uchida
The market is wondering whether U.S. growth can maintain the current rate, and a weaker reading than expected for GDP will pressure the dollar.
Akifumi Uchida
We selected Calypso because we felt that it was a strategic technology solution that would allow us to decrease the time taken to develop new products and release them to clients. We have worked in partnership with Calypso, along with Mitsui Knowledge Industry, to develop a solution that meets our needs in the Japanese market and can be implemented to fully meet the requirements of customers' platforms.
Akifumi Uchida
With the U.S. so deeply involved in the Middle East, anything negative (for the region's peace efforts) bodes ill for the dollar.
Akifumi Uchida
Many market players already think the ECB will raise interest rates in March and then several more times later this year.
Akifumi Uchida
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