I expect yields to continue drifting higher. Anything that shows the jobs market is strong gives more ammunition to the Fed to keep raising rates.
I'm still in the camp that yields are moving higher. As long as the data is strong, the Fed is going to keep hiking rates.
We're in an environment where shorter duration securities will be cheapest to deliver. It (the 30-year bond) does not have a chance of being the cheapest to deliver.
As long as the Fed keeps raising rates, yields are going to move higher. The Fed decision definitely left the door open for more rate hikes.
Everybody is focused on the refunding and the amount of supply that's coming.
Yields are going to continue to trend upward as the Fed keeps raising rates. The Fed believes that the risk of inflation is skewed to the upside and in order to alleviate that risk, they need to keep raising rates.
It's a big deal. People have been anticipating this for a while.
