In the Land of the Blind, the 1% Yield is King
​With the market expecting the Fed to remain sidelined for some time, sovereign rate differentials have re-emerged as a major factor for demand for US Treausires. As a result foreign flows into Treasuries appear to be on the rise. Indeed, a record high of indirect bidding at this week’s 10-year Treasury auction supports this thesis. Going forward, MIG expects these flows to persist, for 10-year yields to further decline - even challenging their 2016 lows of about 1.60%. These inflows will also impact the US dollar.
MIG provides investors with clarity on markets, macro and monetary policy. It combines a rigorous analytical approach with unique insight into central banks based on over a decade of experience. Clients appreciate our clear and accessible communication style
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.