#Latest news with #MansoorMohiuddinYahoo19-05-2025BusinessYahooU.S. Credit-Rating's Downgrade Has Broad Implications for Economic OutlookThe U.S. credit-rating downgrade Friday has broad implications for its economic outlook, Bank of Singapore's Mansoor Mohi-uddin said in a research report. "First, America's deteriorating finances reinforces our view that long-term U.S. Treasury yields will rise over time," said the chief economist. The bank continues to forecast 10-year Treasury yield to hit 5.00% over next 12 months.
Yahoo19-05-2025BusinessYahooU.S. Credit-Rating's Downgrade Has Broad Implications for Economic OutlookThe U.S. credit-rating downgrade Friday has broad implications for its economic outlook, Bank of Singapore's Mansoor Mohi-uddin said in a research report. "First, America's deteriorating finances reinforces our view that long-term U.S. Treasury yields will rise over time," said the chief economist. The bank continues to forecast 10-year Treasury yield to hit 5.00% over next 12 months.