In 2020, 2% Looks Like the New 3% for the World’s Benchmark Rate
The Manhattan skyline stands across from Gantry Plaza State Park in the Long Island City neighborhood in the Queens borough of New York, U.S. (Photographer: Christopher Lee/Bloomberg)

In 2020, 2% Looks Like the New 3% for the World’s Benchmark Rate

(Bloomberg) -- In the year ahead, 2% is the number to watch for the world’s benchmark borrowing rate, as the past 12 months have crushed investors’ expectations for how high yields can go.
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