(Bloomberg) -- The bear market in U.S. Treasuries
is just getting started as investors turn their attention to
the strengthening labor market and faster inflation instead of
the decline in home prices.
That's the conclusion of economists at Lehman Brothers
Holdings Inc., Morgan Stanley and RBS Greenwich Capital. They
estimate 10-year government notes will return 1.28 percent this
year, not even enough to cover inflation. The performance would
be the worst since 1999, when they lost 8.25 percent, Merrill
Lynch & Co. index data show.
Read more at Bloomberg Bonds News
is just getting started as investors turn their attention to
the strengthening labor market and faster inflation instead of
the decline in home prices.
That's the conclusion of economists at Lehman Brothers
Holdings Inc., Morgan Stanley and RBS Greenwich Capital. They
estimate 10-year government notes will return 1.28 percent this
year, not even enough to cover inflation. The performance would
be the worst since 1999, when they lost 8.25 percent, Merrill
Lynch & Co. index data show.
Read more at Bloomberg Bonds News
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