Gold and U.S. 10-Year Real Rates

Gold and U.S. 10-Year Real Rates U.S. real interest rates have typically had an inverse relationship with the price of gold, as investors tend to shift their investments between gold and interest-bearing assets based on the opportunity cost of holding gold. Image: BofA Global Research

Central Banks Policy Rates

Central Banks Policy Rates Are global negative interest rates unlikely to be revisited soon, as many policymakers have concluded that they have not worked as intended? Image: Deutsche Bank

Interest Rates – Fed Funds Rate

Interest Rates – Fed Funds Rate Goldman Sachs now expects the Fed to implement three rate cuts in 2024, down from its earlier projection of four rate cuts, in response to elevated inflation data and evolving economic conditions. Image: Goldman Sachs Global Investment Research

U.S. Rates – 2-Year and 10-Year Treasury Yield Forecasts

U.S. Rates – 2-Year and 10-Year Treasury Yield Forecasts BofA still forecasts the 10-year UST yield at 4.25% and the 2-year UST yield at 4.00% by year-end 2024, suggesting the possibility of a downward trend in borrowing costs. Image: BofA Global Research

U.S. Core CPI vs. Unemployment Rate When Fed First Cut Rates

U.S. Core CPI vs. Unemployment Rate When Fed First Cut Rates It is rare for the Fed to cut rates when core CPI exceeds the unemployment rate, signaling the central bank’s concern about potential inflationary pressures and its emphasis on maintaining price stability. Image: BofA Global Investment Strategy

Fed Rates Cut

Fed Rates Cut Economists are projecting the possibility of the first Fed rate cut in June 2024, which could have significant implications for financial markets and the broader economy. Image: Bloomberg