-
Is The Recent Rise In US Interest Rates Peaking?
After months of higher Treasury yields, the possibility that rates have peaked is a topical discussion, fueled by easing rates in recent days. Although there are still three trading days to go this week, the widely followed 2- and 10-year Treasury yields look set to post their first run of three-weekly declines this year. The modest drop in yields may be a temporary lull before the upswing resumes, although analysts are considering factors that may put a ceiling on further increases for the near term. Perhaps the main catalyst that’s changing sentiment for bonds: an expanding wave of forecasts that US recession ... (full story)