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Mmastodon BusinessFinance first seen 1 d ago, last 19 h ago, peak #2

Economists Say Higher Bond Yields Are Here to Stay

Original: Why Economists Think Higher Bond Yields Are Here to Stay https://www.wsj.com/finance/investing/economists-bond-yields-fo

The Wall Street Journal reports that economists increasingly expect elevated bond yields to persist rather than revert to the low levels of the past decade. The discussion centres on structural forces such as heavier government borrowing and shifting inflation expectations keeping long-term rates higher for longer. Investors are watching the implications for borrowing costs, equities and fiscal policy.

Why now: Persistent high bond yields affect mortgages, investment portfolios and government finances, making the outlook a live market debate.

Wall Street Journalbond marketeconomists

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