US 10yr Treasury yield hits 16-year high after Fed meeting

…and today (Monday) the benchmark yield has (again) reached its highest level since 2007.

The Fed kept rates on hold last week but sent a clear indication that in order to bring inflation down to the 2% target rate there could be another hike this year. Stocks declined and the US Dollar rallied.

Full report

Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy.

This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’