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