A Resilient U.S. Economy Faces Uncertainties. The close of 2023 witnessed an intense rally in the bond markets, spurred by a resilient U.S. economy and a cooling inflationary environment. The fluctuations in the yield on the 10-year U.S. Treasury throughout the past year have been nothing short of dramatic, reflecting a complex interplay of economic data, Federal Reserve actions, and global market dynamics. While the recent rally has eased concerns about soaring interest rates, investors are now faced with the challenge of discerning the path forward in the coming months. Read more.
