(Reuters) - Futures now reflect a less than 20 percent chance of the Fed
trimming rates by a quarter-point from the current 5.25 percent
later in the year after having priced in the possibility of two
cuts in 2007 a little more than a month ago.
Adam Mackillop, head of U.S. rates trading at Barclays
Capital in Tokyo, said the flows in Asia have become more two-way
as some investors pare back their holdings in the sell-off,
rather than the steady buying that usually predominates.
Read more at Reuters.com Bonds News
trimming rates by a quarter-point from the current 5.25 percent
later in the year after having priced in the possibility of two
cuts in 2007 a little more than a month ago.
Adam Mackillop, head of U.S. rates trading at Barclays
Capital in Tokyo, said the flows in Asia have become more two-way
as some investors pare back their holdings in the sell-off,
rather than the steady buying that usually predominates.
Read more at Reuters.com Bonds News
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