Why interest rates could stay low for the next 20 years

Global bond yields continue to crash through zero

clock • 4 min read

"You let everybody know, but don't play with me, 'cause you're playing with fire," sang the Rolling Stones.

US Federal Reserve Chair Jerome Powell and other central bankers around the world appear to be singing the same tune. Translated, it means "low rates, long time". Letting everybody know Global bond yields are reaching new lows, in some cases crashing through zero. This reflects a realisation on the market's part that rates probably won't rise anytime soon. The reasoning behind this is a longer story. Last year, central banks had ceded some control of monetary policy to the markets, and market activity would govern the speed with which central banks raise rates, reduce their balan...

To continue reading this article...

Join Investment Week for free

  • 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
member?

Login

More on Investment

Over a quarter of younger investors own crypto as overall optimism on the rise in July

Over a quarter of younger investors own crypto as overall optimism on the rise in July

Optimism up from May figures

Sorin Dojan
clock 23 July 2025 • 2 min read
Partner Podcast: What clients really want from their managers

Partner Podcast: What clients really want from their managers

Listen to the latest postcast with Honor Solomon, CEO for EMEA and Head of EMEA Retail Sales, at AllianceBernstein

Honor Solomon, CEO for EMEA and Head of EMEA Retail Sales, at AllianceBernstein
clock 22 July 2025 • 1 min read
Dimensional's Kaitlin Hendrix: Counting the cost of index rebalancing

Dimensional's Kaitlin Hendrix: Counting the cost of index rebalancing

Reconstitutions can hurt returns

Kaitlin Hendrix
clock 18 July 2025 • 4 min read
Trustpilot
Loading page