Reported 11 days ago
Franklin Templeton forecasts that 10-year Treasury yields could reach 5% or higher as the US government increases its debt to manage a significant deficit. Sonal Desai, the firm's chief investment officer, suggests that if the deficit widens drastically, yields could exceed 5%. This outlook aligns with warnings from JPMorgan and T. Rowe Price, as investors react to potential implications of a second Trump presidency and its effect on inflation and federal borrowing.
Source: YAHOO