Financial institution of America says US 10 yr yield is unlikely to rise above 5.25%!

Economists at Financial institution of America forecast the yield on US 10 years to four.75% this yr, however concede it might rise larger:

• might get above 5% relying on the Federal Reserve
• however unlikely to rise above 5.25%

Wow.

BoA see a powerful macro financial system and a hawkish Fed. Says the bar to a Fed price hike is excessive although, though its attainable relying on how inflation information performs out. BoA add that yields round 5% would current a sexy shopping for alternative assuming CPI sticks or is a little bit decrease.

I can not think about 5.25%. I hope I haven’t got to!

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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