Financial Services Industry
Industry: Email Alert RSS FeedNews: ABN Amro calls peak of bond yield curve.
Pensions Week, September, 2004
Bond yields are set to fall and yield curves will flatten in 2005 as global economic growth slows, according to research produced by ABN Amro.
Robert Lind, chief European economist for ABN Amro said: "Recent economic evidence suggests that bond yields have already posted their cycle peak."
In its report, ABN Amro predicts the US will increase rates to 3.25% by next summer.
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