The U.S. economy is still robust and inflation, though modest, is certainly something the Fed needs to be cautious about going forward. If the data remains strong, we could see easily see 4.75 percent on the 10-year yield by the next Fed meeting.
More Quotes from Peter Scobie:
U.S. Treasuries at these levels don't offer value and it is not a good time to invest.Peter Scobie
Minority governments can find it more difficult to pass policy. There is the possibility of delays in implementing anything.
Peter Scobie
Jobless claims added support to signs that the economy is performing reasonably well. If the Fed continues to raise rates for another one or two times, Treasuries are on the expensive side.
Peter Scobie
Readers Who Like This Quotation Also Like:
I've never had to pretend to be having sex with somebody. I'm like the queen of the foreplay dissolve.Julia Roberts
As poverty has been reduced in terms of mere survival, it has become more profound in terms of our way of life.
Raoul Vaneigem
I thought to myself, there's a man who gave up his life to serve others - to touch people in that way is probably the greatest thing you can do as a human being.
Gabriel Byrne