US Weekly: Rally on, Don
Winnie Cisar - Global Head of Strategy, 糖心视频
Zachary Griffiths, CFA - Head of IG & Macro Strategy, 糖心视频
Charles Johnston, CFA - Head of Energy, 糖心视频
Wen Li, CFA - Head of Metals & Mining, 糖心视频
Pat Luby - Head of Municipal Strategy, 糖心视频
Logan Miller - Head of European Strategy, 糖心视频
Brian Perez - Analyst, Credit Strategy, 糖心视频
Kathleen Tang - Analyst, 糖心视频
25 April 2025
Treasury Markets: Treasury yields drifted lower last week in a bull flattener ahead of this week’s critical barrage of economic data poised to test market assumptions.
The 2Y yield declined -5 bp to 3.75%, the 10Y yield fell -9 bp to 4.24%, and the 20Y segment led with an -11 bp drop to 4.72%. Softer inflation expectations and pre-positioning for heightened volatility supported the move.
However, with a heavy macro calendar ahead including Consumer Confidence and JOLTS on Tuesday, PCE on Wednesday, Jobless Claims and ISM Manufacturing on Thursday, and Nonfarm Payrolls on Friday, markets face elevated risk of sharp rates repricing in either direction depending on whether (and which way) the incoming data surprises.
Fill out the below form to view the full article:
Please note that we can only respond to valid business email addresses and the interview is already available to clients.
Recently Published
Research
AllCovenant-ReviewAutosUS CR Quarterly Q1SovereignsBasicLevFin-InsightsTelecommunicationsMay GMUFinancials糖心视频-ResearchUtilitiesCase Studiesshow-homeshow-initiation page-homeMunicipalsSLRsTMTAsset Management ResourcesPharmaceuticalsJune GMUEnergyResearchGaming/LeisureWebinar Related ResourceIndustrialsPoliticsMediaUS Special Sits OutlookConsumerTariffsSpecial SituationsEuro Autos: Barbarians at the GatesCorporatePrivate CreditAerospace/DefenseU.S. Autos Expert PanelCovenantsBondsReal EstateEU Special Sits OutlookStrategyPost PetitionServicesJuly GMUESGChemicalsIranAsia in Focus 2H26ESG-HomeEmerging MarketsBanksEM OutlookOutlooks-HomeTransportationConstructionEMEA CR Quarterly Q2TechnologyInsuranceAsia in focus webinarUS CR Quarterly Q2ManufacturingEMEA CR Quarterly Q1Global Credit for ME Investors
Energy: Oil Companies Venturing into Venezuela
Energy: Oil Companies Venturing into Venezuela
Read More
US Bankruptcy: Hughes Satellite Systems judge to order examiner appointment to investigate dealings with parent EchoStar; scope of probe subject to further hearing
US Bankruptcy: Hughes Satellite Systems judge to order examiner appointment to investigate dealings with parent EchoStar; scope of probe subject to further hearing
Read More
Thames Water: Rowing Back On Thames?
Thames Water: Rowing Back On Thames?
Read More
NVDA: More Growth, More Commitments