Watch: US 10yr is eyeing 3%. So now what?
- 2 May 2022
- Rates
Is the US bond market approaching a critical turning point? ING's Padhraic Garvey takes a look at where rates may be heading after the 'spectacular' rise so far this year
US 10yr is eyeing 3%. So now what?
Back in February, the US 10yr broke above 2%, and we posed the question – now what?
Since then, we've gone from 2% to almost 3% in a matter of months. ING's Regional Head of Research in the Americas, Padhraic Garvey, asks: are we done?
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