Treasury Buyers at Auction Face Losses in 2016 If BofA Is Right

Updated on
  • BofA says 10-year yield may rise to 2.65% in 2016 outlook
  • Mizuho Asset says slow inflation makes U.S. notes attractive

Buyers at the U.S. 10-year note auction Wednesday will face losses in 2016 as the Federal Reserve raises interest rates, based on Bank of America Corp. projections. The benchmark securities fell for the first time in four days before the sale.

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