One Less Worry for Investors
While investors continue to grapple with the market and forces that impact it, one issue became clearer this week as the Federal Reserve announced that they have no plans to raise rates this year. As a result, yields on 10-year U.S. Treasuries, already down amid worries about a weakening global economy, moved to their lowest levels in more than a year. The new expectation that rates won’t be pushed up anytime soon leaves investors with one less thing to worry over, allowing their attention to turn to trade, the U.S. economy and global growth. As of March 21st, 2019, 10-year Treasury yields were sitting in the mid-2.50 range.