Despite the recent retreat in expectations for interest rates – which seems to be a key driver on the big bounce in equities this week so far – we still expect most major central banks to maintain their hawkish posturing for at least the rest of this year. This informs our view that the 10-year US Treasury yield will end 2022 a bit above its current level.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services