Biggest US investors predict ho-hum bond returns in 2016
JPMorgan, Fidelity Investments, Pimco and Goldman Sachs are all cautioning against excessive optimism
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BOND returns will probably be ho-hum in 2016 - just as they have been in 2015 - according to the biggest investors.
JPMorgan Chase & Co, Fidelity Investments, Pacific Investment Management Co and Goldman Sachs Group Inc are all cautioning not to be too optimistic. Goldman Sachs predicts benchmark US 10-year yields will climb to 3 per cent by the end of 2016 from 2.3 per cent on Thursday.
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