Jackie Bowie reviews the 10-year Treasury and interest rates on Bloomberg Daybreak Europe
Summary
Bloomberg Daybreak Europe interviews Jackie Bowie about the Bank of England's November interest rate decision. With the U.S. refunding announcement in focus alongside a headwind of geopolitical risk, there have been negative views impacting sentiment as more people are paying attention.
While Jackie highlights the potential for less issuance coming down the road from the U.S. Treasury and a bigger demand for the bond market, she advises to first look at how much bond yields have moved and how that has impacted tightening.
Jackie Bowie on Bloomberg Daybreak Europe"If you look at what has happened over that 10-year yield over the last six months, it's been a pretty aggressive move. And in fact, that's what people are now focused on in thinking about what the Fed's message will be on the rate decision."
In addition to the bond market, there are other key data points, such as the labour market position, when looking at the forecast of interest rates.
While global economies are not yet in recession territory, the underlying message of "higher for longer" rates reduces the expectation that rate cuts will come next year.
Our interest rate risk expertise
Interest rate risk can be an important factor in the performance of a single real estate asset or a portfolio of properties. Chatham’s interest rate risk management advisory services offer the expertise and knowledge you need to make informed decisions about the type of debt you use and how you manage the interest rate risk associated with that debt, whether it’s risk on current floating-rate debt, refinance risk on fixed-rate debt, or risk on prepayment penalties.
With Chatham on your side, you can be confident that you’re getting the best possible terms, while maintaining the integrity of your all-important banking relationships. We provide complete guidance on strategy and execution, along with access to tools for monitoring the hedge for the life of the transaction.
Our highly experienced professionals, supported by industry-leading technology, ensure the best pricing, maximize transparency, and offer you insights into market trends.
