Negative Economic Surprises Could Help Treasuries, HSBC’s Kettner Says

Max Kettner, chief multi-asset strategist at HSBC, sees US growth momentum starting to slow down and says, “a streak of a couple of weeks uninterrupted of negative economic surprises” can bring back a bid for duration in US Treasuries. (Source:… Max Kettner, chief multi-asset strategist at HSBC, sees US growth momentum starting to slow down and says, “a streak of a couple of weeks uninterrupted of negative economic surprises” can bring back a bid for duration in US Treasuries. (Source: Bloomberg)