BNP Paribas Predicts U.S. Bonds Will Outperform European Bonds in Q4

BNP Paribas Markets 360 forecasts that U.S. bonds will outperform European bonds in the fourth quarter. While yields on fixed-income assets in developed nations are expected to decline, BNP Paribas anticipates a larger drop in U.S. yields than European bonds.However, Japanese bonds are an exception. With the Bank of Japan raising rates while other major central banks are cutting or preparing to cut rates, BNP Paribas expects Japanese 10-year government bond yields to rise following the Federal Reserve's actions.