Moneycontrol
Last Updated : Jan 11, 2018 08:53 AM IST | Source: CNBC-TV18

See US Fed hiking rates four times this year: Sameer Goel

Asian markets are under pressure and bond market in the US is in focus today as a report indicates that China could potentially slow or halt its US treasury purchases. In an interview with CNBC-TV18, Sameer Goel, Head of Asia Macro Strategy at Deutsche Bank shared his views and readings on the same.

CNBC TV18 @moneycontrolcom

Asian markets are under pressure and bond market in the US is in focus today as a report indicates that China could potentially slow or halt its US treasury purchases.

In an interview with CNBC-TV18, Sameer Goel, Head of Asia Macro Strategy at Deutsche Bank shared his views and readings on the same.

According to him, China reducing buying of US treasuries looks very counter-productive.

Our end of year forecast for 10-year US treasuries is at 3 percent. In our view, Federal Reserve is likely to hike rates four times this year, he said.

Fixed income yields will move higher, he added.

At the moment, the market is not pricing in inflation risk, said Goel.

The link between dollar and bond yields has broken down, he further mentioned.

For full interview, watch accompanying video...
First Published on Jan 11, 2018 08:53 am

tags #Economy

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