Lower bond yields ahead?
February 7, 2023 Leave a comment
With all the connotations and effects that come with bond buyers prevailing as the more aggressive, I see bond yields declining into the next year.
The figures in the chart below denote the percentage that the U.S. 2 year government bond yield is trading above its 50 month moving average.
Obviously, taking a larger view and trying to get the bigger call correct.
Allowing for convergence, I think this yield makes its way towards the 2.75% region in 12 months time.
It’s currently 4.43%
February 7, 2023
by Rob Zdravevski
rob@karriasset.com.au
