Elusive 10-year rate of 2% or higher is in the year-ahead outlooks of institutions such as JPMorgan Chase & Co. and Morgan Stanley.
Major financial firms, such as JPMorgan Chase & Co. and Morgan Stanley, are back to forecasting a 2% and higher 10-year Treasury yield for 2022, backed by expectations for stronger U.S. growth.
Morgan Stanley Wealth Management, a division of Morgan Stanley MS, -0.63%, foresees a scenario next year that includes “a robust global recovery, a moderation of U.S. growth and inflation, and more balanced monetary and fiscal policies,” Chief Investment Officer Lisa Shalett wrote in a 2022 outlook released this week.
But expectations for central-bank policy also matter and “the U.S. Federal Reserve has provided the most tangible and imminent indication of liftoff,” or the first rate increase, “to this point,” according to portfolio managers Erin Browne and Geraldine Sundstrom of Pacific Investment Management Co., or PIMCO. The firm, which managed $2.2 trillion as of September, expects “government bond yields to trend higher over the cycle as central banks raise rates.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Tadawul Group shares open 10% above listing price in Riyadh debut'Today we mark a significant milestone for our transformation,' Saudi Tadawul Group CEO Khalid Al Hussan told CNBC's Dan Murphy on Wednesday.
Baca lebih lajut »
Taylor Swift Performed All 10 Minutes Of 'All Too Well' On SNLSwift also appeared in a sketch with Pete Davidson.
Baca lebih lajut »
10 Ways That a Sense of Purpose Can Change Your LifeWant to boost your happiness? Focus on finding purpose in your life. Here's why.
Baca lebih lajut »
Adele Continues Atop Billboard Artist 100, Michael Buble & The Beatles Return to Top 10Five tracks from ’30’ have also landed on the Billboard Hot 100, with “Easy on Me” logging a sixth week at No. 1.
Baca lebih lajut »
WBTV Selects 10 Drama Students For 2021 “Actors In Training” Virtual Casting InitiativeEXCLUSIVE: Warner Bros. Television has announced the ten performers selected for its second annual “Actors in Training” virtual casting initiative. The program launched last year with t…
Baca lebih lajut »
10-month-old baby among survivors when building explodes, father killed in blastA baby and its parents were pulled from the rubble after a building in southeastern France exploded. The child and mother survived, but the father was killed.
Baca lebih lajut »