NATWEST GROUP PLC ORD 100P (NWG)

Sector:

Banking

Index:

FTSE 100

220.60p
   
  • Change Today:
    -0.100p
  • 52 Week High: 221.60
  • 52 Week Low: 104.75
  • Currency: UK Pounds
  • Shares Issued: 11,452m
  • Volume: 3,900,927
  • Market Cap: £25,264m
  • RiskGrade: 62

Barclays on outlook for Treasury yields

By Alexander Bueso

Date: Thursday 22 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Economists at Barclays Research think longer-term US Treasury note yields will head back higher in the back half of 2021, although they also thought that financial markets were right in judging inflationary risks to be 'transitory'.
So too, they expressed sympathy for the notion that the terminal Fed funds rate would be lower that what policymakers at the Federal Reserve had penciled-in.

However, they did not share the belief that a "sudden near-term collapse" in economic growth was lurking just around the corner.

Neither did they think that was the main driver behind the recent rally in bond prices.

Among the factors that would push up yields were expectations, six months' hence, that the nadir in short-term rates was closer, the normalisation of the Treasury's general account and, more generally, bonds seemed priced for perfection, so that the term premium was now too low.

Regarding the Treasury's general account, the sharp fall seen during the first half had reduced the supply that Treasury investors needed to absorb, they explained.

However, that tailwind was unlikely to be repeated.

Barclay's year-end 2021 forecast for 10-year US Treasury note yields was 1.7%.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RBS Market Data

Currency UK Pounds
Share Price 220.60p
Change Today -0.100p
% Change -0.05 %
52 Week High 221.60
52 Week Low 104.75
Volume 3,900,927
Shares Issued 11,452m
Market Cap £25,264m
RiskGrade 62

RBS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.17% above the market average87.17% above the market average87.17% above the market average87.17% above the market average87.17% above the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
58.42% above the market average58.42% above the market average58.42% above the market average58.42% above the market average58.42% above the market average
47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average
Income
21.81% below the market average21.81% below the market average21.81% below the market average21.81% below the market average21.81% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average
Growth
24.29% above the market average24.29% above the market average24.29% above the market average24.29% above the market average24.29% above the market average
44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 10
Sell 1
Strong Sell 2
Total 24
buy
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RBS Dividends

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Ex-Div 12-Aug-21 25-Mar-21
Paid 17-Sep-21 04-May-21
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