276 days ago • Posted by Charles-Henry Monchau

US 10-year Treasury: consensus still expects higher yields

"More than $33trn of DM government debt or 83% of the total debt stock now yields 0.5% or less, but consensus still predicts 10-year US Treasury yields at 2%+ by 2022 ". As shown on the chart, consensus has been wrong-footed over the last two decades - source: JP Morgan. 

US 10-year yield consensus forecasts