Photographer: Andrew Harrer/Bloomberg

HSBC Says Be Cautious When Owning One of Wall Street's Most Beloved Sectors

If HSBC is the doctor, it just labeled the health-care sector as high risk.

HSBC made waves late last year with its forecast for the yield on the 10-year U.S. Treasury to dip to 1.5 percent at the end of 2016, at a time when most strategists were expecting a 2 percent to 3 percent range.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.