Their greater flexibility allows the implementation of many of our key outlooks this year: yields that move in very different ways depending on the maturity, as front end rates lead higher rates from Fed policy changes, but back end rates look vulnerable from overpricing fears of deflation. (blackrockblog.com)
This year our lead theme All About That Pace again appears out of consensus as the market view for rates has shifted towards fears of deflation and expectations that low global rates means U.S. rates can never move higher. (blackrockblog.com)
Government bond yields are negative across much of Northern Europe, amid fears of deflation and stresses in the eurozone. (gfmag.com)