Treasuries Volatility Will Go Higher: Marden
Bloomberg 2026-06-25 18:36:31
Context: Treasuries experienced a surge in value following the release of the Federal Reserve's favored inflation gauge, which showed a less-than-expected increase, thereby reducing the likelihood of an interest-rate hike in the near future. This development was discussed by Adam Marden, co-portfolio manager of the dynamic global bond strategy at T. Rowe Price, and Deirdre Dunn, head of global rates at Citi, in an interview with Katie Greifeld on "Bloomberg Real Yield." The conversation took place against the backdrop of heightened market attention to inflation metrics and their implications for monetary policy.
Key Facts
- Treasuries gained value after the Federal Reserve's favored inflation gauge rose less than estimated, which in turn reduced expectations for an interest-rate hike in the months ahead.
- The interview on "Bloomberg Real Yield" featured Adam Marden, co-portfolio manager of the dynamic global bond strategy at T. Rowe Price, and Deirdre Dunn, head of global rates at Citi.
- Adam Marden and Deirdre Dunn joined Katie Greifeld for the discussion, which likely touched upon the implications of the inflation gauge data for the bond market and future interest rate decisions.
- The less-than-expected increase in the inflation gauge has significant implications for market participants, as it may influence the Federal Reserve's decision on whether to implement an interest-rate hike in the near future.
- According to the discussion, Treasuries volatility is expected to increase further, as indicated by Adam Marden's statement that "Treasuries Volatility Will Go Higher."