Deepening Bond Rout Has Some Investors Favoring the Short End

Yields on 10-year and 30-year Treasuries reached their highest since 2007, extending yield curve steepening which has been a key dynamic of the past month's abrupt selloff.

By Liz Capo McCormick & By Michael Mackenzie | October 09, 2023 at 10:59 AM

Photo: BlackRock headquarters at 50 Hudson Yards in New York City, on May 1, 2023.

Bond investors are coalescing around a segment of the Treasuries market that offers a measure of protection from this year's brutal rout and also positions them for the recession that some still anticipate.

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Fed Lowers Interest Rates by a Quarter Point

By Amara Omeokwe | December 18, 2024

However, officials reduced their expected number of rate cuts for next year from four to two.

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By Catarina Saraiva | December 16, 2024

In his first term, Trump bashed the Fed for allowing higher interest rates in the U.S. vs. Europe to drive up the dollar and hurt exports. Next year will likely bring more of the same, as the U.S. economy remains considerably stronger, meaning rates here will likely fall more slowly than in the Eurozone.

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Tariff Inflation Will Likely Be Transitory

By Catarina Saraiva | December 13, 2024

Nevertheless, the Fed may feel compelled to raise interest rates as soon as the first signs of a tariff-led bump in inflation emerge.

Tariff Inflation Will Likely Be Transitory

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