Michael Pond

Rates Up .5% More By Dec? Barclays Thinks So.

Barclays co-head of interest rate strategy Michael Pond says the 10yr note will rise to 2.70 or 2.75 by year-end, which he says is fair value if economic data supports no recession—Bloomberg video below. He made two passing remarks about rates not rising this much if bond prices “get another bump from Europe” but was