Too much, too soon – TD Securities

FXstreet.com (London) - TD Securities research teams, in their opinion, said that a recovery in US payrolls to start May followed by Bernanke suggesting it is conceivable for the Fed to slow its pace of Treasury buying “in the next few meetings” has once again seen yields test recent highs and key levels across a number of markets. Once again, while they think the trend is right, they said this may be another case of too much, too soon.