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[Société Générale: U.S. Government Restart May Intensify Interest Rate Market Volatility] Société Générale's interest rate strategists pointed out in a report that the end of the U.S. government shutdown could lead to increased volatility in the interest rate market, with U.S. Treasury yields expected to be the main driver of fluctuations. Economic data may exceed expectations in both directions. The strategists stated that as economic activity resumes, volatility in U.S. dollar interest rates could be the most pronounced, reiterating their preference for U.S. Treasuries over German Bunds. They emphasized that upcoming inflation and employment data will have a significant impact on market expectations for the Federal Reserve's rate path and could break the recent range of fluctuations. Meanwhile, due to the resilience of economic data and the relative clarity of the European Central Bank's policy path, interest rate volatility in the Eurozone is expected to remain at relatively low levels.

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