Back to the future for rates

Padhraic Garvey explains why 2025 is unlikely to see a return to ultra-low rates. In fact, we see heightened risks relating to tariffs, tax cuts and fiscal policy next year

Padhraic Garvey, CFA

Regional Head of Research, Americas

Back to the future for rates

In our 2025 rates outlook, we explore the upcoming year’s prospects for rates, covering the spreads environment in derivatives, the eurozone SSA space, and US debt dynamics and funding pressures.

Author

Padhraic Garvey, CFA

Regional Head of Research, Americas

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