Christian Lenk: The Fed's interest rate hike is reasonable, but not necessarily

Christian Lenk, a German Central Cooperative Bank analyst, stated that the speculation about the Fed’s interest rate hike was reasonable, but that the inflation figures for June were lower than expected, which did not necessarily mean the Fed’s interest rate hike. He argued that speculation on key interest rates was reflected at the long end of the United States Treasury debt yield curve, with the German Central Cooperation Bank predicting that the volatility of the United States Treasury debt would remain moderate over a 10-year period and that the 10-year United States Treasury debt return would fall to 4.40 per cent within 12 months。