You are here

Treasury bulls should keep calm and carry on: HSBC

FAMED Treasury bull Steven Major is sticking to his guns. The sell-off in 10-year notes has run out of steam as the Federal Reserve's bid to downsize its US$4.5 trillion balance sheet looks unlikely to send yields soaring in the world's largest bond market.

"Investors want to believe...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to