Market Extra: Investors skeptical about a ‘soft landing’ are more bullish on longer-dated bonds

by | Aug 29, 2023 | Stock Market

Investors skeptical about a “soft landing” for the U.S. economy think now is a good time to consider buying long Treasury bonds. That’s because the economy looks to be revving back up, with the Federal Reserve Bank of Atlanta estimating a 5.9% gross domestic product growth rate in the third quarter, even though the Federal Reserve already has jacked up interest rates to their highest level in 22 years. “A…

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Investors skeptical about a “soft landing” for the U.S. economy think now is a good time to consider buying long Treasury bonds. That’s because the economy looks to be revving back up, with the Federal Reserve Bank of Atlanta estimating a 5.9% gross domestic product growth rate in the third quarter, even though the Federal Reserve already has jacked up interest rates to their highest level in 22 years. “A…

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