Market Insider

Economists expect a second-quarter GDP spring back

Q1 GDP drops 1.0%

Economists are forecasting second-quarter growth will spring back, rising solidly above 3 percent, after the first quarter's surprising 1 percent decline.

A CNBC Rapid Update of nine economists' forecasts is tracking second-quarter GDP at 3.74 percent.

But the rosier expectations aren't pacifying the bond market, which continued to rally in midday trading, sending yields to fresh lows.