Analysis: U.S. bond managers say market has overshot, yields too low Reuters 16 hrs ago By Kate Duguid © Reuters/Dado Ruvic FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken
By Kate Duguid
NEW YORK (Reuters) - Investors at some of the largest U.S. asset managers are holding fast to the view that bond yields will move higher in the second half of this year, despite the recent slide in Treasury yields, which they see as a temporary move.
An unwind of short bets against Treasury debt as well as growing concerns about the recovery of the U.S labor market and the spread of the Delta variant of the coronavirus has pushed down longer-dated U.S. government bond yields. The benchmark 10-year yield hit 1.296% on Wednesday and the 30-year yield fell to 1.918%, the lowest since February for both.
Burglary suspect arrested during traffic stop near Southwest City, Mo
arkansasonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arkansasonline.com Daily Mail and Mail on Sunday newspapers.
Analysis: U S companies spend billions on stay-at-home tech, boding ill for office properties
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.