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Treasury Yields Are Headed Even Higher. Stocks Won’t Like It.

Por: MarketWatch Business September 23, 2023

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This 4.5% yield represents the long-term average for U.S. government debt, and by that we mean really long term, going all the way back to 1790. Credit for that observation goes to Jim Reid, Deutsche Bank’s head of global fundamental credit strategy. “In some ways, this could be seen as a concern, since we’re ‘only’ now at normal historical levels, despite the fact inflation is still elevated and record peacetime deficits are predicted... + full article



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