Economists’ are forecasting muted long-term interest rates by the end of next year, even as expansionary fiscal policies kick in. … READ MORE >
Treasury yields
Market Minute: Long-term rates rise as central banks tolerate higher inflation
As the Fed cuts rates into rising inflation, the risk of persistent increases that lead to a wider deviation from target is growing more probable. … READ MORE >
Market Minute: Investors demanding rising compensation on long-dated government debt
Even as central banks cut policy rates and push rates down at the front end of the curve, investors are demanding a greater premium for holding longer-dated debt. … READ MORE >
Market Minute: U.S. investment grade spread implies robust risk appetite
While the yield on the 10-year Treasury has dropped by 10 basis points since the end of April, investment-grade corporate bond yields have dropped by roughly 25 basis points. … READ MORE >
Market Minute: The normalization of rates and the steeper yield curve
The Treasury yield curve has steepened, with 2-year Treasury bond yields now below 3.70% … READ MORE >
Market Minute: Global yields on the rise
Expansionary fiscal policies in Germany and the U.S., as well as the prospect of greater government spending in Japan, have pushed long-dated yields higher in global fixed-income markets. … READ MORE >
Market Minute: Dollar and yields diverge as investors shy from long-dated debt
Rising risk around tariffs, slower growth, higher inflation and lower rates are creating conditions where investors appear to be shying away from long-dated debt. … READ MORE >
Market Minute: Why global bond yields are rising
Unfunded tax cuts, outlays on defense and infrastructure as well as rising inflation expectations are pushing global bond yields higher, which will put at risk private sector investment. … READ MORE >
Market minute: Money markets signal an easing in 10-year yields
A look at the spread between the two-year and 10-year U.S. Treasury yields in comparison with the Treasury term premium implies room for further easing in long-term yields. … READ MORE >
Morning market minute: Managing currency risk in an era of regime change
We expect the international investment community to continue purchasing U.S. financial assets, and in particular to continue financing the U.S. budget and trade deficits. … READ MORE >