M&G's Leaviss: What direction are markets headed in since the breach of 'magic' 3% yield threshold?

10-year Treasury yield passes 3%

Jim Leaviss of M&G

Jim Leaviss of M&G

With so much talk in recent months around the 'magic' 3% threshold for 10-year US Treasury yields, what can we tell about the future direction of markets now that this level has been breached for the first time in more than four years?

First of all, let's not get too carried away by the recent spike in Treasury yields that has taken the 10-year past 3%. This rise of around 100bps since September 2017 is far smaller than the surge...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Global

Alexander Pelteshki and Colin Finlayson of Aegon Asset Management

Fixed income markets in 2022: Investing in the eye of the storm

Essential for investors to remain flexible

Colin Finlayson and Alexander Pelteshki
clock 25 January 2022 • 3 min read
Eugenia Unanyants-Jackson will start her new role on 1 February

PGIM creates global head of ESG role

Eugenia Unanyants-Jackson appointed

clock 25 January 2022 • 2 min read
Thu Ha Chow will be one of eight investment professionals in the Singapore office

Robeco hires for new head of fixed income Asia role

Thu Ha Chow joins from Loomis Sayles & Co

clock 25 January 2022 • 1 min read