Daily Morning Call

From the Floor: How long can Treasuries hold these levels? — #SaxoStrats

320 views
Ten-year US Treasury yields closed last week just shy of the 2.8% level, but Saxo Bank fixed income specialist Althea Spinozzi sees a multitude of factors pushing bond prices lower.

   • Multiple factors primed to push US bond prices lower
   • Oil torn between trade, geopolitics as Middle Eastern tensions rise
   • FX markets remain calm in light of equity volatility
   • Sterling remains strong, EURGBP at a key support level
   • Bounce in metals could benefit silver more than gold