The Treasury market’s bears may find a dose of vindication this week given that the Federal Reserve may disappoint some traders by not tweaking its bond-buying program, which could finally catapult 10-year yields above 1%, even if only briefly.
That psychological mark has proved elusive since March -- several attempts to crack through it stalled out quickly as investors anticipating that the Fed will eventually tilt its debt purchases to longer maturities to support the economy used dips in Treasury prices as opportunities to buy.
