Bond Market Today Is In A Narrow But Volatile Trading Range

<p>"Bond market today will continue to see flattening. The European Central Bank or ECB is taking a hawkish stance on inflation. This is why we are seeing volatility in interest rates. I remain squarely in the 75 BP hike camp, which translates to further treasury yield curve inversion. The pullback over the past several weeks in outright terms is also readily apparent in relative valuations," says Larry Shover.</p>