Surveillance: Peak Yields with Rajappa
Bloomberg Surveillance
00:00
What Is the Dynamic of Service Sector Inflation That We See Right Now?
The big question coming into this year for us was when is that turn going to be? Was it October of last year when telling yields peaked at 4.25%? Or are we going to see another high in yields before we start seeing a steady decline? Our view has been that yields peaked in the fourth quarter of last year, and then yields should gradually decline during the course of year. But again, accurately pinpointing where that turn is on inflation is going to be extraordinarily difficult"
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