Fed officials have pushed back a bit against market bets for rate cuts today, helping to send yields a bit higher. But the bigger picture is that there has been a massive reassessment of the timing and extent of rate cuts in key economies over the past two months. We think the bond rally now only has a little more juice.
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