Tag Archives: 10-year Treasury yield fair value

The 10-year Treasury yield is unlikely to reach pre-crisis levels in the current cycle. Our baseline scenario envisages its fair value being capped at 3.2% in the next two years.The 10-year US Treasury yield is probably the most watched bond yield globally, seeming to encapsulate everything from the noise coming from financial markets and politicians to the health of the world economy, not to mention monetary policy. Trying to forecast the likely behaviour of such a global indicator is...

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