Wall Street Expectations for Treasury Yields: Higher for Longer
From the October WSJ survey: Figure 1: Ten year Treasury yields (black), October WSJ survey mean (blue square), July WSJ survey mean (light green triangles), all in %. Source: Treasury via FRED, WSJ. A mix of improving growth, new inflationary pressures and concerns about the U.S. fiscal trajectory have pushed bond yields higher since the […]
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