Skip to content
  • fb
  • tw
  • li
TahoNews

TahoNews

Blogging News Site

  • Home
  • World News
  • Travel
  • Layout
    • Full Width No Sidebar
    • Right Sidebar
    • Left Sidebar
  • Contact
  • Toggle search form

Bond Yield, Rate Hike Estimate Readjusted By Wells Fargo

Posted on February 15, 2019 By Alice Martin No Comments on Bond Yield, Rate Hike Estimate Readjusted By Wells Fargo

Wells Fargo is finally adopting few changes as bond yields show impact on fears of global growth. In February 2019, the firm has made some cut in target of bond yields as well as forecast of interest rate increase of the Federal Reserve at the year end. Global head of the interest rate strategy of Wells Fargo mentioned that this decision has no connection with the economic slowdown in foreign lands. Michael Schumacher told that the Fed hardly cares regarding European growth. After following up with the comments of Fed and the even more peaceful comments from Chairman Jerome Powell concerning the economy of last few months, Schumacher felt there was an immediate need to readjust the expectations of the firm.

He said that it becomes difficult for firms to adjust to consecutive changes over frequent intervals. When they were at two, they had argued a lot. Since two was way more for them to continue, they would run on the one rate increase at least for now in 2019. Schumacher thinks that this step would not cause dangerous inversion of the treasury yield. In case treasury yield of 2-years or 10-years invert, that calls for unpredictable troubles in the economy.

With so many hikes already, one more would hardly have a massive impact. Central banks have huge portfolios and they have played with the market rates to a great extent. Therefore, one more hike would not cause any recession. Schumacher also thinks that the single hike of 2019 would appear at the start of third quarter. Similar prediction is being made by Wall Street as well as the last Fed Survey made by CNBC. Thus, with the prediction, Schumacher and his team of experts thought it best to keep the treasury yields target at the yearend low. On February 8, 2019, the firm has been at the lowest since the beginning of February.

Business Tags:Bond Yield, Rate Hike Estimate Readjusted By Wells Fargo

Post navigation

Previous Post: Martian Environment Can No Longer Affect The InSight’s Marsquake Detector
Next Post: China’s Satellite Takes Rare Pictures Of Moon’s Far Side

Related Posts

German Auto Sector Can Decline By 12% If Trump Declares Tariffs Business
moving-companies-near-me Know What a Moving Company can Offer Business
Audi Bets Users To Pay Extra For The A7’s Tech Upgrades And Design Business
Leading Music Streaming App, Spotify, Is Lastly Making Profit Business
Lockheed Martin Grabs Pentagon $ 23 Billion Contract Business
Musk Had The Last Laugh With SEC By Appointing His Close Friend As His Replacement Business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Which Crypto to Buy Now?
  • Is PR Important for Blockchain Companies?
  • Benefits Of Studying A Part Time Degree Course In Singapore
  • Trends of Pain Management Therapeutics Market
  • How Smart Devices Can Provide Home Security

Tags

#Digital #Signage #OutdoorAdvertising Android App Asphalt Contractors & Driveway Services baby formula Best Nutritionist in Delhi Best Nutritionist in Mumbai business Cheap Airlines Clean carpet cleaning services near me cobb county probation violation Coffee concrete driveway concrete driveway Sydney dog Energy Drinks Fashion featured Google Nest Wifi Google Wi-Fi Google Wifi Review Greece Honeymoon places London speaker hire Monitoring Outfits probation violation attorney cobb county Protein Protein Coffee protein coffee ripped up nutrition Protein Shake QuickBooks QuickBooks Error 1328 retro joystick Spy Thailand Travel Travel Australia trekking in Nepal vacuum cleaning Vector Whatsapp WordPress customization WordPress design services

Categories

  • Animals (8)
  • Business (112)
  • Education (10)
  • Event & Festivals (1)
  • Fashion (3)
  • Finance (1)
  • Food (3)
  • General (25)
  • Health (73)
  • Nature (3)
  • News (3)
  • Pattern (1)
  • People (35)
  • Science (75)
  • Space (3)
  • Technology (139)
  • Top Stories (256)
  • Travel (12)
  • Vector (3)

Latest Post

  • Which Crypto to Buy Now? January 25, 2023
  • Is PR Important for Blockchain Companies? September 28, 2022
  • Benefits Of Studying A Part Time Degree Course In Singapore August 16, 2022

Copyright © 2023 TahoNews.

Powered by PressBook Grid Blogs theme