Reported 1 day ago
Citigroup's wealth division suggests that U.S. Treasury yields could rise to 5%, presenting a buying opportunity as the economy remains strong. Chief investment strategist Steven Wieting notes that while 5% yields are not guaranteed, a spike in 10-year yields is a possibility this year. Recent economic data may influence Treasury traders, but the firm anticipates benchmark yields to end the year around 4.75%.
Source: YAHOO