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Bond yieldsabbonews.com -
•91% Informative
Benchmark 10-year U.S. Treasury yields are set to end August down nearly 30 bps, their biggest monthly drop this year .
Bond markets have enjoyed a summer of solid price gains, but now face reckoning with their bets for speedy central bank rate cuts and slowing inflation.
Bond yields move inversely with prices.
Fidelity International’s global head of macro and strategic asset allocation, Salman Ahmed , said the eurozone economy needs proper interest rate cuts.
If there’s one economy which needs proper (interest rate cuts), it’ll the eurozone, he said.
Reed is a financial journalist with a passion for covering US equities.
VR Score
95
Informative language
96
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78
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English
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Source diversity
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