Skip to main content

Assessing the outlook for DM monetary policy & bonds

Even though we think that most major developed markets (DM) central banks will hike their policy rates more slowly than investors currently anticipate over the next two years, we still expect the yields of 10-year government bonds to rise at least a little in most major DMs over that time. We anticipate that the increase will be the largest in the US, where we think inflationary pressures are strongest.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.