Key Points
NEW YORK, Aug 19 (Reuters) - Yields on U.S. government debt eased on Monday as the market counted down to Federal Reserve Chair Jerome Powell's keynote speech at the Jackson Hole symposium at the end of the week...
The curve has barely moved, you are not seeing much happening in peripheral things like swap spreads and inflation expectations," said Jan Nevruzi, U.S. rates strategist at TD Securities in New York.. High rates may be on the way out, and Powell could provide more information about the approach to policy easing in his Friday speech at the Kansas City Fed's annual conference in Wyoming...
Minneapolis Fed President Neel Kashkari said the debate about potentially cutting rates in September is an appropriate one to have because of a rising possibility of a weakening labor market, the Wall Street Journal reported on Monday.. "The balance of risks has shifted," Kashkari told the Journal in an interview conducted on Friday...
"The interesting things of the week will be the (Fed) minutes and then the benchmark revision on payrolls, both on Wednesday, and of course Powell on Friday morning," said Lou Brien, market strategist at DRW Trading in Chicago...
On the other hand, he could feel no compulsion to confirm it when there is still employment and inflation data to be released before the Sept. 18 decision," Will Compernolle, macro strategist at FHN Financial said in a client note on Monday.. The yield on the benchmark U.S. 10-year note fell 2.8 basis points from late Friday to 3.864%...
