HSBC keeps neutral near-term view on U.S. Treasurys
HSBC maintains a neutral month-ahead conviction for U.S. Treasurys, U.S. rates strategist Dhiraj Narula says. He adds the current selloff looks increasingly stretched, with renewed geopolitical risks and a live September FOMC meeting.
HSBC maintains its neutral month-ahead conviction for U.S.
Treasurys, U.S. rates strategist Dhiraj Narula says in a note.
HSBC finds the current selloff to be increasingly stretched, he says. "But with renewed geopolitical risks and a very much 'live' September FOMC meeting, yield levels could rema…