2025 Global Rates Outlook_ Terminal Differences
Testin·2024-11-22 16:18
18 November 2024 | 5:00PM GMT 2131d4eaf4cb4d50b1d51c8af07b64b4 2025 Global Rates Outlook Terminal Differences n Discovering terminal (from above): Central banks' shared experience is becoming more differentiated. Fiscal footprints support higher terminal rates, but markets are priced on the hawkish side of our central case for most policy paths. n Europe the best long: The growth downside case for owning duration is most pronounced in Europe. Still, longer term US yields can fall modestly under a contained ...