The latest evidence of disinflation in the US was met with a muted reaction in US government bond markets. This probably reflects that investors’ expectations for inflation, and interest rates, have already fallen a long way over recent months. Given that, we think these yields may only fall a little further this year.
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