Apr 29, 2024, 7:38 AM
Apr 25, 2024, 5:02 PM
Investors anticipate 5% Treasury yields amid inflation concerns
- Investors are bracing for 5% Treasury yields due to mounting inflation concerns.
- The 10-year Treasury yield has reached above 4.7% after a weaker-than-expected US GDP print.
- Analysts believe that the likelihood of the 10-year yield reaching 5% is very high, but further increases would require a second wave of inflation and talks of rate hikes by the Federal Reserve.
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