Analyst: April CPI Report is a Positive for the U.S. Treasury Market

Jin10 News, May 13 - Gregory Faranello, Head of U.S. Rates Trading and Strategy at AmeriVet Securities, stated that overall, relative to the recent rise in U.S. Treasury yields, this CPI report is a good one for the bond market, and it may take us several months to gain a clearer understanding of the U.S. economy. The trading outlook remains that the Federal Reserve has room to cut rates, although a cautious approach is advised in the short term.