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Middle East tensions and U.S. CPI to guide bond markets near-term

SEB’s Jussi Hiljanen says developments in the Iran conflict and key macro data, most notably U.S. CPI on Sept. 11, are expected to remain the key near-term catalysts for bond markets.

Developments in the Iran conflict alongside key macro data, most prominently U.S.

CPI data on Sept.

11, will remain the key near-term catalysts for bond markets, SEB's Jussi Hiljanen says in a note. "We believe the policy-rate paths currently discounted in U.S and euro-area markets have become stre…