
Risk
Look Out: Treasury Volatility May Not Be Over
Ongoing worries, such as the debt-limit clash, could bring it roaring back, warns Bank of America.
Ongoing worries, such as the debt-limit clash, could bring it roaring back, warns Bank of America.
The Wall Street heavyweight’s forecasts for each coming year have done well over three decades, coupling conventional wisdom with unorthodox guesses.
Allocators and other investors shy away from the practice, but a research paper argues that rising rates pose an ideal opportunity for negative bets.
Commonwealth’s McMillan thinks it has two half-point increases ahead, and that’s it.
It’s a classic recession portent. But inversion’s predictive record is spotty.
The Fed has distorted the Treasury landscape, says a Bernstein savant. Without its bond buying, the 10-year would be yielding 3.7%.