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JPMorgan: Global Demand for Long-Term Assets Declines
Jin10 data June 25 news, JPMorgan analyst Jay Barry stated in a mid-year outlook report that global investor demand for long-term assets appears to be declining. According to JPMorgan’s forecasts, this will lead to a decrease in the yield of the US 2-year Treasury bond and keep the yield of the 10-year Treasury bond near its current level. He said: “We maintain our forecast that the yields on the 2-year and 10-year Treasury bonds will be 3.50% and 4.35% respectively by the end of the year.”