Bloomberg Aggregate Index Outlook: Macro Matters
Treasury yields may fall further by the end of 2023, leading to positive returns for the Bloomberg Aggregate Index overall, according to Bloomberg Intelligence.
In this Macro Matters edition of the FICC Focus Podcast, BI Chief US Interest Rate Strategist Ira Jersey is joined by BI Chief Credit Strategist Noel Hebert and BI Chief Mortgage Strategist Erica Adelberg to discuss their outlook for the Bloomberg Aggregate Index. Jersey notes that his view that Treasury yields could decline further by the end of next year is based on a slowing of economic activity, but with the Federal Reserve loath…
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