Treasury 10-Year Yields Will Test 5% in Six Months, T. Rowe Says
Benchmark Treasury yields may soon hit a key level on the back of rising inflation expectations and concerns over US fiscal spending, according to T. Rowe Price.
“The 10?year Treasury yield will test the 5% threshold in the next six months, steepening the yield curve,” according to Arif Husain, chief investment officer of fixed-income, who helps oversee about $180 billion of assets at the firm. The fastest path to 5% “would be in the scenario that features shallow Fed rate cuts,” he wrote in a note.
https://finance.yahoo.com/news/treasury-10-yields-may-hit-063041035.html?
