Treasury yields
Recession 50/50: Fannie MaePosted by RJ and Makay on Aug 22, 2011 |
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Fannie Mae has issued analyses this week that reports a 50% chance of a double dip recession. The firm’s Economics and Mortgage Market Analysis Group predicts that total 2011 U.S. economic growth will come in around 1.4%, down from 3.1% in 2010. Looking further ahead, the company sees 2012 economic growth at only 2%, well off its original 2012 forecast of 3.1% made last month.
Interest rates likely to remain tame for nowPosted by RJ and Makay on Jul 26, 2011 |
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While many advisors are holding to their long-term bearish outlook on bonds, most are ratcheting down their short-term expectations for higher interest rates and economic growth. 10-year Treasury yields are still very low at around 3%, and short-term rates remain mere basis points. In January, Charles Schwab conducted a survey of more than 1300 advisors. At that time, 64% of respondents thought that inflation and T-Bill rates would rise in the next six months.
“If you don't know where you are going, any road will get you there.”
Lewis Carroll (English Logician, Mathematician, Photographer and Novelist, especially remembered for Alice's Adventures in Wonderland. 1832-1898)
