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Add as a preferred source on GoogleDanske Bank Strategist Says U.S. Treasury Yields Could Reach 6%
The forecast covers both 10-year and 30-year U.S. Treasury yields as hawkish Federal Reserve expectations support the dollar.
A Danske Bank strategist said U.S. 10-year and 30-year Treasury yields could rise to 6%.
The dollar remains strong against major currencies, supported by elevated Treasury yields and expectations for hawkish Federal Reserve policy.
The dollar’s relative strength index reading was 73.6. The reading accompanied a strong dollar advance that may have limited room to extend.
The forecast does not specify a timetable for yields to reach 6%.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.