Pictet WM revises down 10-year Treasury yield

5 September 2019 | 1 minute read

The 52-bp fall in 10-year Treasury yields in August has prompted Pictet Wealth Management to revise sharply downwards its year-end forecast from 2.5% to 1.4%. “Unsurprisingly, the fall owed much to the fear that additional US tariffs on Chinese imports could prolong the global manufacturing recession, thereby increasing the risk of contagion to the services sector and hence sparking a…

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