Newsroom
Investment Talks - 2020 outlook for the US 10-year Treasury bond
London, UK, 19 December 2019
- In 2019, 10-year US Treasury bonds traded in a range of 1.46-2.78%, the fourth-widest range since 2010.
- In 2020, we think the 10-year Treasury may trade in a similar range, with additional volatility arising from many of the same factors that drove volatility in 2019. We don’t expect the benchmark bond to exhibit a particular bias towards going higher or lower, assuming certain outlier scenarios are avoided.
- The current cyclical slowdown phase calls for caution, but investors may also want to prepare for a U-turn if and when earnings and economic growth reaccelerates. A macro environment marked by stabilising growth and a patient but supportive Federal Reserve should be positive for risk assets in general.
Experts
Paresh Upadhyaya is Director of Currency Strategy and a Portfolio Manager for multi-sector strategies. He also leads Amundi Pioneer’s currency research effort out of Boston and serves as an advisor[...]
Read more
Marco Pirondini is Senior Managing Director, Head of Equities, US, and Portfolio Manager. He co-manages Global Equity and Multi Asset Income portfolios. As Head of Equities,[...]
Read moreContact
Fany De Villeneuve
UK - International Press Relations
About Amundi
About Amundi
Amundi, the leading European asset manager, ranking among the top 10 global players[1], offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets.
With its six international investment hubs[2], financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 5,300 employees[3] in more than 35 countries. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.0 trillion of assets[4].
Amundi, a trusted partner, working every day in the interest of its clients and society
Footnotes
- Source: IPE “Top 500 Asset Managers” published in June 2021, based on assets under management as at 31/12/2020
- Boston, Dublin, London, Milan, Paris and Tokyo
- Consolidated internal Amundi and Lyxor workforce as at 01/01/2022
- Amundi data including Lyxor as at 31/12/2021
