Lower Interest Rates, Higher Inflation Expected.

• Position: Survey of professionals in bond industry - Brief Article - Statistical Data Included

A survey of professionals in the bond industry revealed that the bond market expects inflation to increase and interest rates to decline. Although inflation has remained consistently low over the past several years, most of the respondents (73 percent) expect inflation to increase over the next year. Despite the expectations of higher inflation, most of the bond market seems optimistic about interest rates and the economy. Seventy-one percent of respondents expect short-term rates to decline or remain at current levels, and 65 percent expect long-term rates to decline or remain at...