Flash: Higher rates imminent in US? – RBS

FXstreet.com (New York) - There are widespread signs that investors are now defensively positioned for higher rates, notes the RBS Research team.

“Reflecting this, medium-term momentum signals are deeply oversold for US rates. Cover shorts, be long 2yr notes (stop on a daily close above 0.44% maybe) and be ready to extend durations when longer-term momentum signals finally confirm that the bear trend in place since has ended.” the team adds.