MischlerFinancialGroup fixed income managing director Glen Capelo said a 25 basis point cut by the Federal Reserve is likely to lead to a sell-off in U.S. Treasuries, but much depends on Powell's press conference. Michael Rosen, managing partner and chief investment officer at AngelesInvestments, believes that the current bond market is pricing in the pace of Fed rate cuts too aggressively. Markets expect the Fed to cut interest rates by 250 basis points next year, which is only possible in a re...
MischlerFinancialGroup固定收益董事总经理GlenCapelo表示,美联储降息25个基点很可能会导致美国国债遭抛售,不过这在很大程度上也取决于鲍威尔的新闻发布会。AngelesInvestments执行合伙人兼首席投资官MichaelRosen认为,当前债市对美联储降息步伐的定价过于激进。市场预计美联储明年将降息250个基点,这一幅度只有在经济衰退的情况下才有可能。因此,他认...