Why a sudden spike in 10-year Treasury yields to around 1.5% shouldn’t spook investors, says BlackRock
October 04, 2021 at 15:52 PM EDT
Low Treasury yields are up sharply because they have been 'overdue for a correction,' says Jean Boivin's team at the BlackRock Investment Institute, pointing to the quick nature of the U.S. economic restart from pandemic shutdowns.
