BofA Says Yields to Hit Record Low
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Business
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Paul Sienna, a technical strategist, predicts that US 10-year yields will reach a new record low in the first half of 2020. He attributes this to the momentum in treasury markets, which he believes will attract investors despite a temporary yield increase. Sienna also highlights macroeconomic catalysts, including China's growth, coronavirus fears, and US election risks, which could impact yields.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How does Sienna view the momentum of treasury yields?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What external risks does Sienna highlight that could affect the market?
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