Original article by David Rogers
The Australian – Page: 24 : 17-Oct-18

Data from Bloomberg shows that most market watchers expect the yield on US 10-year bonds to remain below 3.5 per cent until 2020, despite its recent spike to 3.26 per cent. However, Steve Miller of Grant Samuel Funds Management forecasts that the 10-year bond yield could potentially top four per cent in 2019. He cites factors such as the strength of the US economy, the prospect of further monetary policy tightening by the Federal Reserve and the fact that it is slated to wind back its bond holdings in coming years.

CORPORATES
GRANT SAMUEL FUNDS MANAGEMENT PTY LTD, BLOOMBERG LP, UNITED STATES. FEDERAL RESERVE BOARD, RESERVE BANK OF AUSTRALIA, BLACKROCK INCORPORATED