Financial Forecasts

Market ReportRates Govt BondsFXCommoditiesOther

This report details SEB's financial forecasts for policy rates, bond yields, and commodity prices across major global markets through 2027.

Key Takeaways

  • 1.Central bank policy rates are projected to peak or remain flat through late 2026, with the Federal Reserve expected to begin easing in Q4 2026.

Table of Contents

  • Financial Forecasts
  • Germany
  • Sweden
  • Denmark
  • United States
  • Norway
  • United Kingdom
  • 10y spread vs. Germany (constant mat govt yield)

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Authors

Karl SteinerJussi HiljanenBjarne Schieldrop

Themes

Interest Rate NormalizationCommodity Price Outlook

Regions

North AmericaEuropeUnited StatesGermanyUnited Kingdom