Broker-dealer LPL Financial is cutting its expected range for the benchmark 10-year Treasury yield to 1.5% to 1.75% by year-end from an earlier forecast as...
Broker-dealer LPL Financial no longer expects the benchmark 10-year Treasury yield to climb as high as 2% by year-end.
“Higher inflation expectations, less involvement in the bond market by the Federal Reserve , and a record amount of Treasury issuance this year were all reasons we thought interest rates could end the year between 1.75% and 2.0%,” Gillum wrote in a recent note. “However, due to the persistence of the delta variant, we are starting to see GDP growth forecasts revised lower. That has kept interest rates relatively anchored at current levels,” according to Gillum, who included the following chart tracking economic growth to underscore the point.
Persistently low global rates on government and corporate bonds also have attracted foreign investors looking for a bit of yield to Treasurys.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Digital Platform Treedom Gets 10 Million Euros InvestmentsNico Rosberg, the Agnelli family’s Exor N.V. holding, and LVMH hospitality CEO Andrea Guerra are among the investors supporting Treedom’s growth.
Leer más »
10 Lessons Learned from the Pandemic, and a Way Forward: ReportA new report claims better federal government coordination is needed, along with an improved public health infrastructure, more tests, and better data on critical supplies.
Leer más »
Adobe’s New Marketing AI Let Customer Cut Ad Spend 50% While Growing Sales 10%Adobe’s new marketing AI let customer cut ad spend 50% while growing sales 10%
Leer más »
Adobe’s New Marketing AI Let Customer Cut Ad Spend 50% While Growing Sales 10%Adobe’s new marketing AI let customer cut ad spend 50% while growing sales 10%
Leer más »
The 10 Best Moments of Porter Robinson's Second Sky 2021 FestivalThe lineup was the same both days for the Oakland, Calif. festival, and we’ve never been more excited to do the same thing twice.
Leer más »