Will the summer rally in bonds survive the autumn? Fresh doubts are bubbling as the market reconsiders a range of risk factors, including renewed skepticism about the Federal Reserve’s commitment to cutting interest rates.
Daily Archives: October 22, 2024
Macro Briefing: 22 October 2024
US 10-year Treasury yield rises to 4.21%, highest level since late-July. “With less than two weeks now until the US elections, concerns about the fiscal outlook and its potential upward pressure on inflation have become more acute,” says Robert Dishner, senior portfolio manager at Neuberger Berman.
