U.S. Yield Forecasts Rise as Morgan Stanley Warns on Fed Report

U.S. Yield Forecasts Rise as Morgan Stanley Warns on Fed Report

Scott Eells/Bloomberg

A trader works at the New York Stock Exchange (NYSE) in New York. The Office of Management and Budget predicts yields on 10-year notes will average 4.1 percent in 2015 and 4.9 percent in 2017 as the economy expands at about a 4 percent rate in the second half of President Barack Obama’s term.