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Yields will rise, but by how much?
US 10-year Treasury yields unlikely to exceed 3% in the next two years as Trump may not get his full way in spending policies, say Schroders fund managers
Published Mon, Nov 21, 2016 · 09:50 PM
London
THE sharp sell-off in bonds since the election of Donald Trump as US president might mean the end of a 30-year bull market. But the situation might not get out of hand yet, said senior fund managers from Schroders.
Mr Trump might not get to implement his inflation-boosting government spending policies in their entirety, and other major developed economies are still easing, they said.
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