We are revising up our forecasts for the 10-year Treasury yield for three key reasons. The first relates to the outlook for interest rates. The second relates to compensation for uncertainty. And the third reflects a view about the balance between the supply and demand. Our new end-2017 and end-2018 forecasts are 3.5% and 4.0%, respectively, which are 50bp and 75bp higher than they were.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services