Dutch International: investor focus or will shift to short-term United States Treasury debt

The Dutch International Group strategists Padhraic Garvey and Michel Tukker stated that market discussions surrounding the decision of the United States Treasury Department to double the size of long-term United States debt buy-backs continued to ferment, but that as Jackson Hall approaches its annual conference, market attention will gradually shift to short-term bonds. In a report, the two strategists noted that United States Treasury Secretary Besent continues to dominate the long-term bond market, and that Federal Reserve Chairman Walsh may wish to play a similar role in the short-term bond market, although he now chooses to remain low-key. The strategist said that Walsh would have an opportunity to further develop his views at the Jackson Hall annual meeting on Friday。