Written by Kinsey Grant | February 23, 2018
Bond yields have jumped in recent weeks amid the looming threats of inflation and Federal Reserve interest rate hikes.
The yield on the benchmark 10-year Treasury note closed at 2.961% Thursday, up 22% since the beginning of the year.
According to analysts from BofA Merrill Lynch Global Research, bond yields are on track to clear 3% before the year is out. In a Feb. 23 note, analysts hiked their target for the 10-year note yield to 3.25% by the end of 2018. The last time the 10-year yield was that high was April 2011, according to FactSet data.
Jim Allen earned his bachelor’s degree from Baylor University in Waco, Texas and his masters from Louisiana State University. In addition to his multiple degrees he has taken numerous coursework in banking, marketing, accounting, and business law. As a complement to his sales experience, Jim also has 30 years experience in commercial real estate financing.
Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).