AsianInvestor looks back on our Year of the Dog predictions. Here, we consider our forecast about a potential inversion in the US Treasury yield curve.
Long-term US Treasuries are seen as a necessary place to hide by many investors seeking to ride out market volatility.
Bond managers expect the yield curve for US Treasuries to flatten, meaning the long end won’t react much to a Fed rate hike.
Despite last week’s volatility, US economic divergence may not signal a change to interest rates or an end to low bond yields.
A revival in bank lending is good news for investing in US assets, argues Jeffrey Schoenfeld, CIO and partner at Brown Brothers Harriman.
Asian investors’ short-term exposure to US financial assets may need repositioning in face of a potential year-end fiscal crunch, says BlackRock’s chief bond strategist, Jeffrey Rosenberg.