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Deutsche Bank WM lowers long-term rates forecast

Deutsche Bank Wealth Management has lowered its forecast for long-term rates given low inflation expectations. In particular, the bank has dropped the 12-month forecast for 10-year US Treasuries to 2.00% and 10-year Bunds to -0.10%. “The downward trend in core government yields had been exacerbated — even before the most recent loosening — by safe-haven flows, as investors sought to…

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