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BNP Paribas Asset Management

2023 Top 500 ranking: 34

Fixed Income Outlook – Not as planned

Fixed Income Outlook – Not as planned

Another higher-than-expected US inflation number means the US Federal Reserve should be in no rush to cut rates before price pressures subside. With the risk of inflation continuing to surprise to the upside in the near term, we now expect benchmark 10-year yields to potentially retrace to 4.75%, at which ...

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