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Jul 08 2015

Interest Rates And Credits: At A Crossroads

  • Jul 8, 2015

The U.S. 10-year yield looks ready to re-test the ceiling of the previous downtrend...The recent weakness in oil prices brought back some very unpleasant memories from 2014. Implications for breakeven rates and credits are not so sanguine...We are at a crossroads and a cautious stance is warranted.

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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager