In the US financial and bond markets

Yields on 10-year bonds hit a low level for the first time in about eight weeks since the end of May. Soft sutra

Concerns about the world economy have increased in response to the completed indicators.

    US General Purchasing Manager View in July was announced by US S & P Global on the 22nd of July.

The preliminary Qi index (PMI) was 47.5, down from the June revised value of 52.3.

It fell below 50, which is a turning point for economic expansion and contraction, for the first time in about two years. 

    Suva, Head of US Interest Rate Strategy at Societe Generale (New York)

Dora Rajapa said, "We have seen quite a lot of adjustments following the PMI announcement.

It was pointed out. Federal Reserve's aggressive view of rate hikes later this year

He said that the measurement had receded sharply.

    According to traders, the Fed's 75 basis points (bp)

The rate hike has already been factored in, but the possibility of a rate hike higher than that is in the single-digit range.

It has dropped to.           

    European Central Bank (ECB) Governor Christine Lagarde targets an inflation rate of 2%

The ECB has announced that it will continue to raise interest rates until it returns to

Yields narrowed slightly, but still ended at the lowest level of the day

did.

    Yields on 2-year bonds fell 12.1bp to 2.974%. 10

Annual bond yields fell 15bp to 2.758%. 30-year bond yield

The rate decreased by 9.7 bp to 2.975%.

    The yield gap for 2/10 year bonds is minus 22.0bp.

    Expected inflation due to the yield difference between price-linked government bonds (TIPS) and ordinary government bonds

Break Even Inflation Rate (BEI) 5 Years US5YTIP = R

R is 2.585%. It was 2.591% the day before.

    Dollar-denominated five-year to five-year inflation attracting attention as an inflation expectation index

Swap is 2.367%.

    

                   Eastern Time Price Yield Code

 30-year bond (index 17:05 98 * 00.50 2.9757% 

                   Last business day 96 * 05.50 3.0 720%            

                           value                       

 10-year bond (index name 17:05 101 * 01.00 2.7540% 

                   End of previous business day 99 * 23.00 2.9080%            

                           value                       

 5-year bond (index name 17:05 101 * 26.75 2.8481%            

 Pattern)                                               

                   Last business day 101 * 03.25 3.0080%            

                           value                       

 2-year bond (index name 17:05 100 * 01.63 2.9721%            

 Pattern)                                               

                   End of previous business day 99 * 26.25 3.0950%            

                           value                       

                       Clearing price Previous day closing price code

 T-Bond Futures September 142 * 02.00 140 * 11.00        

 Limit                                       

 T-Note Futures September 119 * 28.50 118 * 29.00        

 Limit