Citi: Next Week's "Super Central Bank Week" May Intensify Bond Market Volatility

Gate News Report, March 13 — Citigroup rate strategist Jamie Searle stated in a report that short-term government bond yields may remain fragile until clarity emerges on when the Strait of Hormuz might reopen. Searle pointed out that major central banks will hold policy meetings next week, which could increase market volatility. He said the European Central Bank may be open to a preemptive rate hike, while the Bank of England might be cautious in its language and keep the option to cut rates later. Searle stated, “The basic situation is that uncertainty provides a reason for the ECB to hold steady, but the possibility of several preemptive rate hikes cannot be ruled out.”

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