The Journal. · Friday, September 4, 2026
Many market participants are beginning to adopt the view that interest rates will remain structurally higher for a considerable period, a concept often referred to as 'higher for longer.' This outlook suggests rates could even exceed previous expectations from a year or two ago.
“Do you think we're maybe entering an era where higher rates are the new normal?”
“Lots and lots of people are using the phrase higher for longer, meaning it's looking like rates are going to be structurally higher for quite a while is the view that many people are coming around to right now.”
“And maybe even higher than what was expected a year or two ago.”