Skip to main content

What’s behind the surge in Treasury yields?

The rout in the US bond market since the elections there is a logical response to the prospect of a substantial fiscal expansion. Indeed, the results have prompted us to revise up our already-bearish forecasts for Treasury yields. Although we have also nudged up our projections for government bond yields in core Europe, we still don’t expect that they will rise as fast as in the US.

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


Get access