Nov.27 -- Jim Reid, global head of fundamental credit strategy at Deutsche Bank, discusses Treasury yields, the U.S. economy and the need for fiscal policy to play a bigger role in supporting future growth in the world’s largest economy. "For the rest of my career, I think nominal yields will be below nominal GDP,” Reid said yesterday on "Bloomberg Surveillance." In a note published Wednesday, Reid said he might need to work until the 2040s.
Why Deutsche Bank Sees Treasury Yields Trailing GDP for Decades
Nov.27 -- Jim Reid, global head of fundamental credit strategy at Deutsche Bank, discusses Treasury yields, the U.S. economy and the need for fiscal policy to play a bigger role in supporting future growth in the world’s largest economy. "For the rest of my career, I think nominal yields will be below nominal GDP,” Reid said yesterday on "Bloomberg Surveillance." In a note published Wednesday, Reid said he might need to work until the 2040s.
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