Any shift in tone that says hey, were happy with inflation now, would cause the market to accelerate the probability of rate hikes for this year, nudging expectations from three increases toward four, said Lisa Hornby, U.S. fixed-income portfolio manager at Schroders, in a phone interview.
Date: May 02, 2018
Treasury Department auctions $15 billion of 30-year bonds at a high yield of 2.902%
Trump's victory also raised questions as to whether the Federal Reserve would raise rates in December. That said, Lisa Hornby, portfolio manager, fixed income at Schroders said the U.S. central bank should have no trouble raising rates.
Date: Nov 10, 2016
Treasury yields fall to lowest this month as oil rout worsens
The news rekindled fears of global currency devaluation and its disinflationary impact on U.S. prices, said Lisa Hornby, a fixed-income portfolio manager at Schroders. Those fears pushed Treasury yields lower despite the fact that the Fed is expected to raise interest rates next week.