Current Forecast of 10 Year Euro Government Bond Rate
Units: Percent per Year, End of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for 10 Year Euro Government Bond Rate
How This Forecast is Produced
The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.
The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components. The decomposed components of the time series are then projected forward in time.
The Euro Benchmark Bond Rate
The Euro area benchmark bond rate is an average of interest rates paid on 10 year government bonds within the euro area. This rate is determined by European Central Bank, or ECB.