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Economists Say Higher Bond Yields Are Here to Stay

Original: Why Economists Think Higher Bond Yields Are Here to Stay

The Wall Street Journal reports that economists believe elevated bond yields are likely to persist rather than revert to the low levels of the past decade. The outlook reflects expectations that interest rates will stay higher for longer, reshaping borrowing costs for governments, companies and households. Investors are weighing what a structurally higher-yield environment means for markets and the economy.

Why now: Persistent high bond yields affect borrowing costs, markets and economic policy, making the outlook a timely concern for investors.

Wall Street Journalbond marketeconomistsFederal Reserve

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