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UBS Predicts Potential 20% Returns on 10-Year US Treasury Notes Amid Recession Fears

Published 29/09/2023, 21:34
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In the midst of an uncertain economic climate, investors in the $25 trillion Treasury market may be able to secure high returns on U.S. government debt within a year. According to Solita Marcelli’s team at UBS Global Wealth Management, owners of 10-year Treasury notes could achieve total returns of up to 20% in the event of a U.S. recession.

This prediction is based on the expectation of a significant rally in U.S. debt as investors seek safety amid economic turbulence. The potential for high returns is influenced by several factors, including the Federal Reserve's stance on interest rates and views on Treasury yield increases expressed by influential investor Bill Ackman.

The performance of several market indices is also seen as significant in this context. These include the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dow Jones Industrial Average (DJIA), and iShares Core U.S. Aggregate Bond ETF (AGG). The potential rise of the 30-year Treasury yield (BX:TMUBMUSD30Y) is expected to have an impact on both the S&P 500 index (SPX) and Nasdaq Composite Index (COMP).

The situation highlights the interconnectedness of various elements of the financial markets, with the performance of government debt, equities, and other investment instruments all influencing each other. As such, investors are closely monitoring these developments to make informed decisions about their investment strategies in the current economic environment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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