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“The Fed is not finished yet in raising interest rates. Investors are still cautious on inflation and that may trigger a sell-off in Treasuries.”
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“Investors are concerned about increasing inflationary pressures and they'll be watching the payrolls numbers closely for signs of that. We're still not interested in buying Treasuries, because there is room for yields to go higher.”
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“In the short-term yields may increase. Slack is decreasing in the economy and that is leading to inflationary pressures.”
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