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
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
