DIARY 4/7 焼肉っていいですね
I went dinner with my colleague. We ate Yakiniku, Japanese grilled meat. It was very nice and I'm full. We talked about our company, job and family. It was very nice time. I'm going home and I'm tipsy. Family is the most important thing. The purpose of my working is just living with my family. I want to work hard in order to keep our life.
In treasury market, the yield on 10 year US treasury note traded around 2.6%. It stays around its highest level in three years. Federal reserve's stance is still hawkish. Traders may focus on CPI announced next week. U.S treasury future anticipates the FED will hike interest rate about 8 times this year. It means FED will raise the rate by 50bps in some of coming FOMC meeting. I suspect if it would be more hawkish because yield curve is inverted. Traders bet the economic situation would be worse because of rate hiking. Labor market is very strong for now so I will focus on the employment situation.