Rates Spark: U.S. Treasuries Primed To React
2025-05-02 03:31:00 ET
Summary
- We think Treasuries have settled back to a more typical role as the traditional comfort blanket should risk assets sell off, or on any negative news for the economy.
- Should Friday's payrolls come in as expected, little reaction is likely though.
- The biggest reaction would come from a materially weak number. But it just might a tad early to get that.
US Treasuries are settling back to more normal behaviour - inversely related to the economy and equities
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