Pause in the uptrend in long-term interest rates

Ron Markus
Monday, 22 March 2021
Ron Markus

It seems economists are tumbling over each other to raise the outlook for economic growth and inflation due to record amounts of fiscal stimulus, very easy monetary policy and potentially huge pent-up demand. Therefore, it might be surprising that we expect a further decline in long-term rates in the coming weeks to months.

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