UBS analysts are casting a wary eye across bonds, saying there is likely to be only a modest upside now for both US and global equities. They still are happy with higher quality stocks and bonds in 2024, expecting them to record higher than average growth against a backdrop of slowing economic growth.From the note, in brief:rate of economic growth has been a worry for markets heading into the new year“While we expect rates to come down in 2024, supporting both equity and bond markets, the speed of recent gains is likely to moderate,”most preferred is fixed income, forecasting 10-yr US Treasury yield to fall to 3.5% by the end of 2024 This article was written by Eamonn Sheri
Hence then, the article about ubs analysts expect only a modest upside for us and global equities in 2024 was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( UBS analysts expect only a modest upside for US and global equities in 2024. )