For 2019 forecast was for 10 year bond yield to reach 3.5% to 4% but is ending the year closer to 1.75%. The same was the issue in 2013 Sep when emerging markets crashes on expectations for 4% to 5% US 10 year bond yields but it never came to pass.
Forecasting is a tough business! Meanwhile risk takers in Real Estate and stocks have been richly rewarded over last 5 years. Even Bond investors have seen gains as falling yields have boosted the price of the bonds.
US 10 Year Treasury Yield - Forecast vs Actual Last 10 Years
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