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What Will Influence the Treasury Yield for 2017?

NEWPORT BEACH, CA—Over time, long-term and short-term interest rates generally correlate, though this is not always the case in the short run, CBRE’s Phil Voorhees tells GlobeSt.com in this EXCLUSIVE story about his yield-prediction contest.

Phil Voorhees Voorhees: “Immediately following the 2016 election, the 10-Year Treasury skyrocketed from 1.86% on Nov 8 to 2.60% on December 16. To put this in perspective, that’s like the Dow exploding from 19,900 to 28,700 in five weeks.”

NEWPORT BEACH, CA—Over time, long-term and short-term interest rates generally correlate, though this is not always the case in the short run, CBRE SVP Phil Voorhees tells GlobeSt.com.

Voorhees has announced that the winner for his annual 10-Year Treasury Bill “Pin the Yield” contest for 2016 is Ben Cherney, VP of capital markets and commercial acquisitions for Starpoint Properties LLC in Beverly Hills, CA. Voorhees is currently accepting entries for the 2017 contest.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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