WALL STREET SEES 5% TREASURY YIELD RISK A Reuters poll found 17 of 31 bond strategists see the U.S. 10-year Treasury yield potentially hitt…
WALL STREET SEES 5% TREASURY YIELD RISK
A Reuters poll found 17 of 31 bond strategists see the U.S. 10-year Treasury yield potentially hitting 5% within three months.
The 10-year recently reached 4.86%, pressured by $100+ oil, inflation concerns and heavy government borrowing.
Strategists still forecast yields eventually falling, but conviction is weakening as Fed hike expectations and fiscal concerns rise.