BofA Says Yields to Hit Record Low

Paul Sienna, a technical strategist, predicts that US 10-year yields will reach a new record low in the first half of 2020. He attributes this to the momentum in treasury markets, which he believes will attract investors despite a temporary yield increase. Sienna also highlights macroeconomic catalysts, including China's growth, coronavirus fears, and US election risks, which could impact yields.

What is Paul Sienna's prediction regarding US 10-year yields?

• They will hit a new record low.

• They will reach a new record high.

• They will fluctuate without a clear trend.

• They will remain stable.

What is the expected impact of low yield levels according to Sienna?

• They will have no impact on investors.

• They will attract investors.

• They will deter investors.

• They will cause investors to sell.

How does Sienna view the momentum of the treasury market?

• As irrelevant to investors

• As a long-term trend

• As a temporary phase

• As a sign of economic stability

Which of the following is NOT mentioned as a macroeconomic catalyst?

• European trade agreements

• China's growth concerns

• US election risks

• Coronavirus fears

What is one of the risks mentioned that could affect the US economy in 2020?

• US election risks

• Climate change policies

• Middle East conflicts

• Brexit negotiations