Reported about 1 month ago
T. Rowe Price forecasts that 10-year Treasury yields may hit 5% within the next six months due to rising inflation expectations and concerns over US fiscal spending. The firm's chief investment officer highlighted that while yields are currently at 4.08%, factors like government deficit and quantitative tightening by the Federal Reserve may keep the pressure on yields upward, particularly if the Fed implements shallow rate cuts. This contrasts with market expectations of lower yields, prompting discussions around the ongoing financial landscape.
Source: YAHOO