Reported 1 day ago
Strategist Jurrien Timmer from Fidelity Investments predicts that bond yields could surpass 5% in 2025 as inflation remains a persistent concern. He emphasizes that rising yields necessitate stocks to compete with what are seen as risk-free assets, marking a potential shift from an era of suppressed risk premiums. Timmer warns that if the economy accelerates before inflation is fully addressed, it could hinder the Federal Reserve's ability to lower interest rates further.
Source: YAHOO