US, European yields unlikely to fall soon, economists say
Experts projected that US 10-year Treasury yields would decline only slightly from current levels to end the year at 5.1%, and would dip to around 4.8% 12 months later.
The US and European economies are expected to maintain high borrowing costs for the near future, according to economists surveyed by The Wall Street Journal. US 10-year Treasury yields are projected to only slightly decrease from their current levels, ending the year at 5.1% and potentially falling to around 4.8% a year later. The shift in fundamentals driving the fixed-income market and the economy has been identified as a key factor, with state capitalism being more capital-intensive and the global economy transitioning from a savings-abundant to a capital-scarce environment.
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