1. Apollo Warns US 10-Year Treasury Yield Is 'Mispriced by More Than 50 bps' as Term Premium Surges
Apollo Global Management has issued a stark warning that the US 10-year Treasury yield is currently mispriced by more than 50 basis points. The asset management giant attributes this significant dislocation to a sharp and sustained surge in the term premium—the extra compensation investors demand for holding longer-dat...