Rates could spike above expectations in January and February,바카라사이트 as the market works its way out from the volatile first quarter, as well as as through September, when the market looks to continue its bull run.
According to RBC Capital Markets’ U.S. currency trading model, the dollar’s strength against major currencies was the key catalyst for the rally. The dollar spiked abo더킹카지노ve $1.25 for the first time since April 15 on fears of a U.S. recovery from the debt crisis as lawmakers in the U.S. Senate considered the nation’s new fiscal plan.
With that type of positive momentum, investors have been buying U.S. government bonds, particularly Treasuries, which have performed well in the aftermath of the fiscal cliff.
U.S. government bonds were trading higher in early trading Thursday for a second day, according to BNP Paribas.
U.S. stocks closed up about 0.2% early Thursday, led by Exxon Mobil Corp (XOM.N), which rose 0.6% and Boeing Co (BA.N) gained 1%. They were also above their closing levels of $26.54 and $26.50, according to FactSet.