Via Goldman Sachs,Energy-driven inflation worries may decline over the next six months, and greater clarity on AI-investment returns could reduce some of the pressure on bond yields from elevated borrowing.Government efforts to refinance longer-maturity bonds with shorter-dated debt issuance are unlikely to reduce interest rates.Fiscal concerns are expected to persist, keeping longer-maturity bond yields high relative to shorter-dated securities.
Goldman: Why Global Bond Yields Are Expected To Stay Elevated
“What’s really interesting about this move higher in yields is how orderly it’s been...”
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