Money
Dale warns 10-year US Treasury “fair value” could be 5.8%
Forward Guidance
The Growth Strategy Trapping The Fed | Darius Dale
What was said
""what does our model currently say the fair value for the 10ear is fair value for the 10ear according to our model is 5.8%.""
Dale says 42 Macro’s framework implies a “fair value” of 5.8% for the US 10-year yield if term premia normalise. He argues current term premium around 78bp sits well below a pre-GFC long-run mean near 1.88%, and says restoring that gap could push the 10-year “somewhere close to 6%” and the 30-year “well north of 6%”.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- Forward Guidance
- Episode
- The Growth Strategy Trapping The Fed | Darius Dale
- Clip time
- 19:20
- Original source
- Watch the source segment →
From this episode
Forward Guidance