Yields are the highest they’ve been in years — but are bonds cheap enough to buy? Two strategists disagree.
Bond yields are driven by the market’s estimate of the average federal funds rate over the next 10 years, plus some compensation for the risks associated with predicting that.
Barclays finds bonds at fair value but not cheap yet.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.marketwatch.com — the content belongs to MarketWatch.
