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Wall Street forced by Fed to rethink 2024 bond yields

Bond-market projections for next year that looked pessimistic when they were published in November became untenable as yields slumped following the Fed’s pivot toward cutting interest rates next year. Some already upbeat calls were also completely overtaken by events. ....

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Wall Street Forced by Fed to Rethink 2024 Bond Yields

Wall Street Forced by Fed to Rethink 2024 Bond Yields
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Wall Street forced by Fed to rethink 2024 bond yields | Elizabeth Stanton

The epic slide in Treasury yields suddenly unleashed last week by the Federal Reserve forced many Wall Street strategists to jettison days-old forecasts for 2024, but dissent still lingers between bulls and bears. Bond-market projections for next year that looked pessimistic when they were published in November became untenable as… ....

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