• 2 UBS analysts just made a big market call that should have everyone a little worried

    4 monthes ago - By Business Insider

    A pair of UBS technical strategists said there's "growing evidence" that the benchmark US 10-year yield has topped for the year.
    If that's the case, they say it would be a "huge game changer on the macro side."
    The rebound in the 10-year above 3% has partly been driven by expectations that US inflation and economic growth would improve.
    A reversal in yields could signal the opposite.
    Many on Wall Street have tried and failed to call the end of the three-decade-long bull market in bonds.
    As the 10-year yield recently approached and leapt above 3% , meaning bond prices were falling, this...
    Read more ...

     

  • 2 UBS analysts just made a big market call that should have everyone a little worried

    4 monthes ago - By Business Insider

    A pair of UBS technical strategists said there's "growing evidence" that the benchmark US 10-year yield has topped for the year.
    The rebound in the 10-year above 3% has partly been driven by expectations that US inflation and economic growth would improve.
    A reversal in yields could signal the opposite.
    Many on Wall Street have tried and failed to call the end of the three-decade-long bull market in bonds.
    As the 10-year yield recently approached and leapt above 3% , meaning bond prices were falling, this call was whispered again by market commentators .
    But a pair of technical analysts at...
    Read more ...