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Bonds: Slight fall in yields

05/05/2021
Categories: Economy/Forex

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Nordea expects the 10-year US Treasury bond yield to soon exceed the high of 1.74% reached in March. But on Monday, bond yields fell

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Bond yields stood at 1.606% on Monday evening. Sébastien Galy, from Nordea, explains that “the trend to watch is the steady rise in Treasury bond yields, driven at first by long-term bonds, then slowly by short-term bonds.” For him, abundant supply and improved growth prospects should allow this trend to become consensual and to have an impact on other asset classes.
Sébastien Galy forecasts that the yield on the ten-year stock will reach 1.80% in the coming weeks and 2% during the summer. For his part, the asset manager believes that consumer prices in the United States will rise by an average of just under 3% between 2025 and 2030, which is not yet fully integrated by the markets

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