Bond Traders Settle In for a Calm Summer
- Benchmark bond yields have turned lower after recent spike
- Investors ready for this week’s key U.S. inflation report
This article is for subscribers only.
Global bond traders appear to be readying for a slow summer regardless of how this week’s key U.S. inflation data comes in.
The yield on 10-year U.S. Treasuries has fallen to as low as 1.50%, while those in Germany are at the most negative in a month. And a gauge of expected volatility in interest rates has dropped to its lowest since March, as markets show a willingness to look through short-term releases.