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How 10-year Treasurys could produce 20% returns, according to UBS

Por: MarketWatch Business October 02, 2023

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The key would be for U.S. debt to rally significantly as investors scramble for safety in the roughly $25 trillion treasury market. “U.S. yields remain well above long-term equilibrium levels, providing scope for them to fall as the macroeconomic outlook becomes more supportive for bonds,” a team led by Solita Marcelli, chief investment officer Americas at UBS Global Wealth Management, wrote in a Friday client note. Their base-case call is... + full article



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