Excerpt from: Bonds and Interest Rates CFDs and Spread Bets
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| February 20, 2007 | | After gains, U.S. Treasuries fall on the bond market | Spread bets and CFDs on U.S. government bonds should switch to shorting as the Federal Reserve's tone on interest rates becomes more hawkish. Spread betting on contracts for differences on U.S. Treasuries should consider this information from Bloomberg:
Three days of gains came to a halt as Fed Governors Donald
Kohn and Susan Bies, along with regional bank presidents Janet
Yellen and Richard Fisher, prepare speeches for this week.
Fisher and Kohn this year have indicated it is too early for the
central bank to let down its guard on inflation. Yellen and Bies
have expressed concern that prices are rising too much.
``There's some potential for Fed speakers to deliver a bit
of a wake-up call to the market over inflation,'' said Marc
Ostwald, a fixed-income strategist at Insinger de Beaufort in
London. ``There are still clear upside risks to rates.'' | | |
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