/institutional/perspectives/media/steve-brown-rates-yield-curve

Views on Rates and the Yield Curve

Steve Brown, CIO for Fixed Income, joins Bloomberg TV to discuss the direction of future Federal Reserve policy and his outlook for the yield curve.

July 18, 2025

 

 

Key Takeaways:

  • Rates will likely head lower from here as we near the high end of our target trading range.
  • We believe a rate cut is warranted.
  • We expect the yield curve's recent steepening to persist.
  • A steeper yield curve may offer opportunities for significant carry yield.

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