Greg Peters, co-chief investment officer of PGIM Fixed Income, said that unless inflation falls rapidly, the inversion of the US Treasury yield curve is expected to deepen further. With high inflation and markets wrongly betting that the Fed will cut rates soon, he expects the 2-10-year yield curve to invert again by more than 100 basis points. In this regard, he explained, "The inflation rate is still quite high, and central banks, including the Fed, will not have as much room to cut interest rates as the market thinks."
PGIM: US Bond Yield Curve Inversion will Further Deepen
Greg Peters, co-chief investment officer of PGIM Fixed Income, said that unless inflation falls rapidly, the inversion of the US Treasury yield curve is expected to deepen further.
Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.
Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn