Yasutoshi Nagai Fed Quotations

We don't see the Fed stopping before the second half of 2006. We are recommending investors sell Treasuries before yields move even higher.

With the Fed expected to raise rates one or two more times and the economy doing well, we cannot recommend buying Treasuries. We would place short positions.

We are expecting the Treasury market to continue to weaken in the next few months. There are no signs the economy is slowing and that means the Fed can continue hiking rates. This is not the time to be buying bonds.

There's no sign of the economy slowing down and Fed officials should continue to be hawkish. It's a misconception that long-term yields will fall further.

The curve inversion is just a temporary phenomenon. It cannot last as the Fed raises rates.