BofA cuts 10-year Treasury yields forecast to 1.55% by year-end from 1.90% previously


BofA not as convinced of the rise in bold yields as they were before

Their latest view is likely based off the Fed tapering by year-end and higher inflation expectations should keep some outlook about tightening/raising rates intact as we move towards 2022.

That said, 1.55% is nothing significant when you take into account the big picture of 10-year Treasury yields. The Fed may taper and lay the groundwork to hike rates but it isn’t likely to alter the overall trajectory in yields:


Invest in yourself. See our forex education hub.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *