Bond-Market Jolt Will Have to Wait Ahead of Central-Bank Bonanza
- Bank of Japan kicks off busy span for monetary-policy watchers
- ‘Pretty big catalyst’ needed for yield breakout: BMO’s Kimball
Jan. 17: Stocks Are Place to Be in Secular Low Bond Yield World, Wharton's Siegel Says
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U.S. Treasuries are stuck in the biggest rut in months, with yields plying tight ranges and a round of central-bank meetings ahead unlikely to offer a lasting jolt.
Volatility in the world’s borrowing benchmark is the lowest since May, and the 10-year Treasury yield is hovering mere basis points above its average since July. That’s even after absorbing the following this month: a flareup in Mideast tensions, the signing of a long-awaited U.S.-China trade deal, confirmation that American inflation remains tame amid solid growth, and a record-setting run in stocks.