Ivy Zelman, Executive Vice President and Co-Founder of Zelman & Associates
The Walker Webcast
Rate cuts impact on long bond
The speaker is skeptical about the idea that rate cuts would significantly impact the 10-year bond yield. Even if the Fed Funds rate drops to 4.75%, they believe the 10-year yield may not go below four and could even stay above 4 due to long-term growth and the need for a normalized yield curve.
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