HALISTER1: RATES: 10Y Yield ‘Significantly Mispriced,’ Deutsche Bank Says

RATES: 10Y Yield ‘Significantly Mispriced,’ Deutsche Bank Says

(Bloomberg) -- Analysis of the historical relationship between Atlanta Fed GDP Now estimate and 10Y rates shows that UST 10Y yield should be at 2.3%, not 1.82%, Deutsche Bank Chief International Economist Torsten Slok says in note.
  • Although “markets are currently pricing a deep recession,” economic data suggests “things are actually getting better,” so rates “seem significantly mispriced at the moment”
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Source: BFW (Bloomberg First Word)

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Torsten Slok (Deutsche Bank AG)

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