Market signals point to interest rates rebounding within the next year and a half, said Greg Staples, DWS Group.
There is an enormous labor shortage in the country right now and it is not just because people are quitting or have child care problems.
BoA called it “the end to 60/40”, Goldman Sachs Group Inc. said losses from such portfolios could swell to 10%. Similar alarms rang at Deutsche Bank.
The nation’s largest bank said Wednesday that it’s starting to get worried about inflation. Hot pace of price increases could last through 2022.