The 10yr US treasury yield has breached the important psychological level of 3% and has traded as high as 3.12% over the recent month, points out the research team at Nordea Markets. Key Quotes “Much is needed to divert the Fed from the current pace of one hike per quarter, we still judge that there is a scope for a running repricing of the USD curve. If the market pricing catches up on the current FOMC dot plot for 2018-2019, the “fair value” of the 10yr treasury yield rises to 3.25%. A level that is likely to be reached during the latter part of 2018.” “Over the forecast horizon we continue to look for more flattening of the USD curve, as the Fed will hike more over the course of 2018 and 2019 than what is currently priced in by the markets. The recent signals that the Fed accepts some inflation overshooting should however contain the flattening pressure for now. We don’t think an inversion of the USD curve is around the corner, but it could become an increasingly hot topic as we approach the second half of 2019.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold turns lower for third straight session, remains vulnerable FX Street 5 years The 10yr US treasury yield has breached the important psychological level of 3% and has traded as high as 3.12% over the recent month, points out the research team at Nordea Markets. Key Quotes "Much is needed to divert the Fed from the current pace of one hike per quarter, we still judge that there is a scope for a running repricing of the USD curve. If the market pricing catches up on the current FOMC dot plot for 2018-2019, the "fair value" of the 10yr treasury yield rises to 3.25%. A level that is likely to be reached during… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
