When the yield on the US Ten Year Note was trolling near the bottom of its all-time range at 1.46% this past August, the thought of a Donald Trump presidency and fiscal stimulus wasn’t much of a glint in the market’s eye. Fast forward to the aftermath of a tumultuous US election with a rate hike approaching in December – and a handful anticipated in 2017 – and the Ten Year Note is now yielding 2.31%, a significant jump in US interest rates. In fact, the spread between the US and German ten year rate, a scant 0.23%, has hit…
US Interest Rates Have Room To Run Higher: BAML
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
