Everybody Notion The 10-Year Might Be At 3% With The Aid Of Now, Mark Provide Says

‘Everybody and his brother’ thought the 10-year would be at 3% by now, Mark Grant says 1 Hour Ago | 02:45Perhaps one of the biggest surprises of 2017 so far is the 10-year Treasury note yield at around 2.15 percent, closely followed strategist Mark Grant said Monday.
“He said it remains to be seen what impact balance sheet normalization will have on the markets.
The massive balance sheet was acquired in a series of asset purchasing moves since the 2008 financial crisis.
When asked when he thought the 10-year would hit 3 percent, he said, “no time soon.
“Grant spoke as the 10-year sat slightly down at around 2.148 percent on Monday morning.

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