Authorized and Regulated Entities: SARACEN MARKETS (PTY) LTD

Author name: Analyst

Treasury Yields Retreat in Asian Trading After Two-Day Surge 1

Treasury Yields Retreat in Asian Trading After Two-Day Surge

In Asian trading, the 10-year Treasury yield witnessed a decline of three basis points, signaling a modest retreat following a robust surge over the past two days. Monday’s trading session saw a significant uptick in Treasury yields, with rates climbing by 14 basis points, marking the most substantial two-day increase since June 2022. The surge […]

Treasury Yields Retreat in Asian Trading After Two-Day Surge Read More »

USD & 10 Year Note Treasuries Extend Gains as Powell Signals Caution on Rate Cuts 3

USD & 10 Year Note Treasuries Extend Gains as Powell Signals Caution on Rate Cuts

In a continuation of Friday’s selloff, Treasury yields faced further pressure after Federal Reserve Chair Jerome Powell indicated a likelihood of delaying interest rate cuts until after March. The yield on the US 10-year Treasury note rose approximately five basis points in the Asian session, following a notable 14-basis-point surge on Friday, fueled by robust

USD & 10 Year Note Treasuries Extend Gains as Powell Signals Caution on Rate Cuts Read More »

Powell's Remarks Dampen Rate Cut Expectations, Treasuries Hold Steady 7

Powell’s Remarks Dampen Rate Cut Expectations, Treasuries Hold Steady

Following the Federal Reserve’s decision and Chair Jerome Powell’s statement indicating skepticism about the likelihood of a policy easing in March, there are signs that officials are not rushing to lower rates. In response to Powell’s comments and renewed concerns about regional lenders, Treasuries maintained most of their gains during Asian trading, with the yield

Powell’s Remarks Dampen Rate Cut Expectations, Treasuries Hold Steady Read More »

Bond Traders Adjust Rate Cut Expectations Amid Labor Market Insights 9

Bond Traders Adjust Rate Cut Expectations Amid Labor Market Insights

Investors in the bond market have scaled back expectations for US rate cuts in the current year, as the likelihood of a reduction in March dwindles to approximately one-in-three. The market closely interprets the Federal Open Market Committee’s (FOMC) and Chairman Powell’s medium-term guidance, a factor that can trigger volatility in asset markets, even when

Bond Traders Adjust Rate Cut Expectations Amid Labor Market Insights Read More »

Oil Edges Up on Aramco's Production Decision Amidst Geo-Political Tensions 11

Oil Edges Up on Aramco’s Production Decision Amidst Geo-Political Tensions

Crude oil prices experienced a modest uptick as Saudi Aramco announced its decision to refrain from further increasing oil production capacity to 13 million barrels a day, adhering to the Saudi government’s directive to maintain it at 12 million barrels instead. The market’s attention is also focused on the potential US response to the recent

Oil Edges Up on Aramco’s Production Decision Amidst Geo-Political Tensions Read More »

Cautious Tone Prevails in Asian Markets Amidst Mixed US Data 13

Cautious Tone Prevails in Asian Markets Amidst Mixed US Data

The US dollar and Treasuries exhibited minimal movement during the Asian trading session. The release of varied US economic data on Friday has sparked concerns that the Federal Reserve may adopt a more patient approach towards the pace of interest-rate cuts in its upcoming policy decision announcement on Wednesday. Anticipation surrounds the Federal Reserve’s meeting

Cautious Tone Prevails in Asian Markets Amidst Mixed US Data Read More »

Tokyo Inflation Drop Sparks BOJ Interest Rate Hike Speculation 15

Tokyo Inflation Drop Sparks BOJ Interest Rate Hike Speculation

In a notable development, inflation in Tokyo dipped below the 2% threshold for the first time in over eighteen months, showcasing a more pronounced deceleration than initially anticipated. The recently disclosed minutes from the Bank of Japan’s meeting, held on Friday, revealed that board members are deliberating the robustness of price growth and the optimal

Tokyo Inflation Drop Sparks BOJ Interest Rate Hike Speculation Read More »

BOJ Governor's Remarks Prompt Surge in Japanese Yields, Yen Strengthens 17

BOJ Governor’s Remarks Prompt Surge in Japanese Yields, Yen Strengthens

The 10-year sovereign yield in Japan experienced a notable uptick, exceeding 10 basis points, following comments made by Governor Kazuo Ueda on Tuesday. The Governor’s statements were perceived as hawkish by traders, triggering a temporary surge in yields. This development coincided with a strengthening trend observed in the Japanese yen across various currency pairs. Despite

BOJ Governor’s Remarks Prompt Surge in Japanese Yields, Yen Strengthens Read More »

Investor Sentiment Shifts as Markets Navigate Early-Year Volatility 19

Investor Sentiment Shifts as Markets Navigate Early-Year Volatility

Amidst a turbulent start to the year, market focus is centered on speculation surrounding potential rate cuts by the Federal Reserve and the sustained momentum in artificial intelligence, seen as a driving force behind continued profit growth. Early trading in Asia witnessed minimal movement in Treasuries, with 10-year yields sliding two basis points to 4.10%

Investor Sentiment Shifts as Markets Navigate Early-Year Volatility Read More »