Where Is the 10-Year Treasury Yield Headed? It’s Hard to Say
As the Fed prepares to lower short-term rates, the T-note confounds predictions due to its recent volatility.
As the Fed prepares to lower short-term rates, the T-note confounds predictions due to its recent volatility.
Stock buybacks are expected to shrink, leaving room for more payouts, the firm believes.
Dropping central bank rates will help a lot, with the 10-year Treasury total return rising as much as 13%, the firm contends.
Odds are that improved economic news will slow rate declines, but that may not be much of a tonic for stocks, says LPL.
The mega-cap tech giants appear invincible. But things always change in the market.
UBS analysts think the Fed will need 6 months or so to realize it can ease, gradually slicing the central bank’s benchmark by a modest amount, up to 0.75 points.
Risk grows as a raft of junk-rated issuers, paying modest interest, must refinance their debt at much higher rates.
Ongoing worries, such as the debt-limit clash, could bring it roaring back, warns Bank of America.
The Wall Street heavyweight’s forecasts for each coming year have done well over three decades, coupling conventional wisdom with unorthodox guesses.
Allocators and other investors shy away from the practice, but a research paper argues that rising rates pose an ideal opportunity for negative bets.
Commonwealth’s McMillan thinks it has two half-point increases ahead, and that’s it.
It’s a classic recession portent. But inversion’s predictive record is spotty.