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Steven Major, HSBC Global Head of Fixed Income Research, discusses Fed moves, bond yield and inflation numbers. He speaks ...

U.S. Treasury yields will trade around current levels over the coming six months before falling later in the year, according to bond strategists polled by Reuters, suggesting markets were fully...

U.S. Treasury yields will trade around current levels over the coming six months before falling later in the year, according to bond strategists polled by Reuters, suggesting markets were fully priced in for Federal Reserve interest rate cuts. Since peaking at 5.02% in October, the benchmark U.S. 10-year Treasury note yield fell over 120 basis points and finished 2023 roughly where it started. Bond bulls drove the yield, which moves inversely to prices, lower by front-loading pricing of about 150 bps of interest rate cuts this year following a perceived-dovish Fed pivot and slowing inflation...

Steven Major, HSBC Holding Plc’s renowned bond bull, said he was wrong-footed by the recent bond selloff because he underestimated how badly investors would…

(Bloomberg) -- Steven Major, HSBC Holding Plc’s renowned bond bull, said he was wrong-footed by the recent bond selloff because he underestimated how badly investors would react to ballooning US debt and a surge in supply.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People B