Goldman Sachs Says Fed to End QE2, U.S. Yields to Rise in 2011
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The Federal Reserve will end its second round of quantitative easing on schedule in June and benchmark Treasury yields will increase this year, Goldman Sachs Group Inc. said in a report.
Benchmark 10-year U.S. yields will climb to 3.75 percent by year-end, Goldman economists led by Jan Hatzius in New York wrote in the report yesterday, from 3.29 percent now.