If figures in the jobs data are stronger than expected, 10-year treasuries could rise to 5 percent with sentiment already weak.
More Quotes from Hiroki Shimazu:
We are seeing more signs that inflation is well contained and that is good for Treasuries. We are recommending a buy on Treasuries at these levels.Hiroki Shimazu
Ten-year yields may have already peaked and this would be a good time to get back into the market. We see Treasury yields falling from here.
Hiroki Shimazu
The statement fueled market expectations that the Fed will further increase interest rates.
Hiroki Shimazu
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