While there are always two sides to each market scenario, I do not remember a period where the opinions have been seemingly so evenly split as well as vehemently held. when the recession finally arrives, or if growth clearly accelerates, the other side is in for a world of hurt and I expect market volatility will climb even higher
The Strength of the US Economy has surprised many Economist and Bond Bulls.
I certainly hope this quote is true," Bottom line: We may be at, or near, the peak of US Treasury yields for this cycle. Fundamentals do not support pessimists’ call for the 10-year yield to crest at a much higher level.
While there are always two sides to each market scenario, I do not remember a period where the opinions have been seemingly so evenly split as well as vehemently held. when the recession finally arrives, or if growth clearly accelerates, the other side is in for a world of hurt and I expect market volatility will climb even higher
The Strength of the US Economy has surprised many Economist and Bond Bulls.
I certainly hope this quote is true," Bottom line: We may be at, or near, the peak of US Treasury yields for this cycle. Fundamentals do not support pessimists’ call for the 10-year yield to crest at a much higher level.
A higher yield may end up being its own undoing."
Dr. Komal Sri-Kumar
Thanks for your work