Posts in Market Views
Interest Rates are Expected to Remain Low

Central Banks have indicated they expect to keep interest rates low for the foreseeable future. U.S. Federal Reserve Chairman Jay Powell has said he expects the Federal Reserve to keep interest rates near zero through at least 2023. In early March 2021, the annual yield on the benchmark 10-year U.S. Treasury note was around 1.5%. The upshot is simple: Today, certificates of deposit and money market funds generate yields close to zero. Diversification in fixed-income investments such as bonds used to reduce risk over time is scarcely more effective than putting money under your mattress.

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