(Reuters) - A climb in Asian stocks on Monday, even after China raised
rates while widening the yuan's trading band, only cemented the
belief that investors remained hungry for equities, keeping
upward pressure on Treasury yields.
"As global equities rise, it's tough to keep a rate-easing
path by the Fed priced into the front end of the market," said
Adam Mackillop, head of U.S. rates trading in Asia at Barclays
Capital in Tokyo.
Read more at Reuters.com Bonds News
rates while widening the yuan's trading band, only cemented the
belief that investors remained hungry for equities, keeping
upward pressure on Treasury yields.
"As global equities rise, it's tough to keep a rate-easing
path by the Fed priced into the front end of the market," said
Adam Mackillop, head of U.S. rates trading in Asia at Barclays
Capital in Tokyo.
Read more at Reuters.com Bonds News
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