Interest rate outlook: Global growth could push US yields higher
Invesco Fixed Income shares its views of rates around the world
by Rob Waldner, Chief Strategist and Head of Multi-Sector
At Invesco Fixed Income, we believe strong global growth should ultimately pressure US interest rates upward as global monetary policy tightens. In the short term, however, the US Federal Reserve (Fed) has indicated that it does not intend to tighten interest rates quickly. Moves from other central banks, such as the European Central Bank (ECB), will likely drive price action in longer-dated US Treasuries, in our view. As global growth continues to improve, other global central banks’ actions may catalyze a move higher in US Treasury yields.
Below is an overview of the Invesco Fixed Income team’s outlook for interest rates in other key world economies...
Continue reading the full article, Interest rate outlook: Global growth could push US yields higher, on Invesco US Blog.
Originally Published at: Interest rate outlook: Global growth could push US yields higher