BLOOMBERG Bloomberg Real Yield July 13, 2024
Corporate bonds on track for the best returns in a decade, but how long can the rally continue . We begin with the big issue, markets betting low rates are here to stay in 2020. It is hard to really see the yield breakout from here. Bond yields moving sideways. Trapped in this range. We cant generate any efficient right now. That should eventually be a good year for bonds. Still attractive, but certainly not breaking out. 1. 20 by the end of the year. To get to 1. 2 on the 10 year, we are looking at a global recession. We are going to test 1 . A lot of things would have to go incredibly wrong ...