TSX:AX.PR.E - Post by User
Comment by
Torontojayon Feb 21, 2024 3:36pm
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Post# 35891647
RE:YIELDS TICK UP AGAIN- 4.33% 10 year
RE:YIELDS TICK UP AGAIN- 4.33% 10 year A soft landing can only occur if the 10 year reaches 5% + which implies that the neutral rate has fundamentally changed since covid. However, I will say that if the 10 year treasury reaches 5% and stays there, then we will see an epic stock market crash.
The goldilocks scenario would be immaculate disinflation back to 2% with zero change in the 10 year. There is not a snowballs chance in hell that's going to happen.