D. Alexander Capital CIO Shares Underlying Reasons for Drop in Interest Rates on TD Ameritrade Network

The underlying reason for the recent drop in interest rates comes down to the refocus on the risk that the coronavirus variants stall the global progress out of the pandemic. Wobbles in overseas risk assets and an emphasis on the recovery divergences between regions have left the bond market with the decided impression that 2021 isn’t unfolding in line with the optimism reflected in March when 10-year yields reached 1.77%.