30 May 2017

Bond Market Views on Growth and Inflation Today

Almost a year ago, the yield on the 10-year US Treasury hit an all-time low, falling to 1.36 percent, just below the previous all-time low of 1.39 percent, set in 2012. After the yield on the 10-year¬†bottomed last summer, the yield drifted slowly higher until the election when, boom, it shot dramatically higher overnight. ¬†Investors were optimistic that the Trump administration might bring faster economic growth through a combination of… Read More