Treasury yields rose on Monday as risk sentiment following Friday’s pullback called for a rebound, and investors monitored Omicron’s Covid-19 variant and the FRB’s potential policy tightening.
With more and more hawkish comments from policy makers, market expectations for the Fed have grown to zero in the fight against inflation.
Meanwhile, Omicron variants are currently detected in almost one-third of US states, health officials said Sunday.
Goldman Sachs lowered its full-year 2022 US GDP growth forecast from 4.2% to 3.8% on Saturday. This is due to new uncertainties about the resumption of the economy and the global shortage of commodities.
Data on Friday’s disappointing work Sale of risk assets, I saw tech stocks plummet.
The number of non-farm payrolls 210,000 last monthThe Ministry of Labor said Friday, which was less than expected by the 573,000 economists surveyed by Dow Jones.
No key economic data is expected to be released on Monday. The auction will be held for $ 57 billion of the 13-week Treasury invoice and $ 51 billion of the 26-week invoice.
Treasury yields rise as investors monitor Omicron variants
Source link Treasury yields rise as investors monitor Omicron variants