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AllianceBernstein Joins Bond Bulls Camp With 2.5% Call on Yields.

AllianceBernstein Joins Bond Bulls Camp With 2.5% Call on Yields.

Authors :
Chen, Tania
Source :
Bloomberg.com; 9/19/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

(Bloomberg) -- The time is ripe to buy Treasuries after a four-month selloff, as the US central bank is close to signaling its hiking cycle is over and will ease next year, driving the benchmark yield as low as 2.5%, said AllianceBernstein LP. Fed's Higher-for-Longer Mantra Has Doubters in Bond Market The US central bank is likely to start easing from as early as late first quarter 2024, and 10-year US yields will probably drop to between 2.5% and 3% next year, Sheridan said. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
172026094