Not exact matches
Even though analysts have forecast continued momentum in
global economic growth, concerns remain over how
policy normalization might bring about changes after almost a decade of easy money.
We believe gradual monetary
policy normalization and sustained
global economic expansion point to moderately higher
global bond yields.
Some policymakers responded to the
global uncertainty and downside risks to inflation by revising down their economic projections, but a number of market participants went a step further to call the central bank's decision to begin
policy normalization in December 2015 a «
policy mistake.»
A moderating
global growth dynamic and very easy monetary
policy abroad are also forces keeping the central bank from initiating more rate
normalization.
At the same time,
global economic expansion and monetary
policy normalization point to a gradual rise in bond yields over the next five years.
Fed
normalization is likely to be very gradual and easy
global monetary
policy is supportive of U.S. Treasuries.
At the same time,
global economic expansion and monetary
policy normalization point to a gradual rise in bond yields over the next five years.
Robust
global growth, debt - financed fiscal loosening, and monetary
policy normalization should lead to a gradual increase in
global rates.