Analysis-Ten-year Treasuries at 2%? Bring it on, investors say

A bet on 10-year U.S. bond yields rising to 2% was meant to be the slam-dunk trade of 2021. It still is, say many analysts and money managers, who expect the rate to shift back higher by year-end without causing market ructions. Because the $22 trillion Treasury market is a key indicator of the economic landscape in the United States and beyond, recent dramatic falls in 10-year yields, the main reference rate for the global cost of capital, sparked consternation.


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