R-star is a useful theoretical concept for bond investors, but there is a wide array of estimates. R-star should reflect the fundamental determinants of potential growth. R-star should be higher than it was during the pre-pandemic period. We estimate the nominal longer run neutral rate is 4.0%, above the Fed's estimate.
Complete the form and a member of our team will send you a copy of this publication.
While you wait, explore additional NDR research and solutions.
Institutional Investors
Custom Research
Wealth Managers
Stock Selection
ETF Selection
Please note that you are using an unsupported browser. While the site will continue to function, you might experience sub-optimal behavior until you upgrade. Please update your browser to a later version for a better experience.