Hosts Jonathan Ferro and Guy Johnson spoke with Richard Jones, FX and Rates Strategist, about U.S.-China trade talks and Germany barely avoiding recession.…
Treasuries fell after Powell’s remarks, pushing up yields on policy-sensitive two-year paper to 5.09%, while the real yield on five-year notes surged to its highest level since 2008.
Minutes from the Feb RBI monetary policy committee (MPC) review reflected concern over inflation, owing to uncertain geopolitics, volatile crude prices, and weather-related events. Outside of food, inflation was seen at the risk of hardening .