Investors See Stocks Retreating as Yields Rise in Poll on QE2

Investors say U.S. stocks and Treasuries will decline and the dollar will strengthen after the Federal Reserve completes a $600 billion stimulus program in June, a Bloomberg poll found.

Fifty-four percent of respondents say the 10-year Treasury yield will climb, while pluralities of 43 percent see the Standard & Poor’s 500 Index falling and the U.S. Dollar Index gaining, according to a quarterly global poll of 1,263 Bloomberg customers who are investors, traders or analysts conducted May 9-10. The proportion of respondents saying the Fed’s bond purchases are reducing unemployment and boosting growth rose to 35 percent from 27 percent in January’s poll.