Volatility Hammerlocks Bonds as Data Seen Setting the Fed’s Path

With the trajectory now far much less predictable, they’re left on the mercy of the subsequent studies on inflation, the job market and the financial system, all of which have the potential to set off recent about-faces within the Treasury market. Because of this, gauges of future volatility are hovering close to the very best for the reason that havoc sown by the eruption of the pandemic in 2020 and liquidity has been strained, exacerbating market strikes.