U.S. Treasury Yields Have More Downside Ahead, HSBCs Kettner Says

What is the expected economic trend for 2019 according to the economists mentioned?

• Rapid growth

• Recession

• Trend growth

• Stagnation

What has primarily caused the decline in nominal treasury yields?

• Rise in inflation expectations

• Decrease in break-even rates

• Growth in oil prices

• Increase in real yields

How have five-year and ten-year real yields been described in the discussion?

• Rapidly increasing

• At their lowest point

• Close to year-to-date highs

• Unchanged

What factors are contributing to the potential for further declines in U.S. Treasury yields?

• Stable growth expectations

• Falling oil prices and inflation expectations

• Increasing inflation expectations

• Rising oil prices

What is the outlook for Treasurys in the coming months according to the discussion?

• Sharp decline

• Potential for a rally

• Immediate increase

• No change expected