State Street’s Marvin Loh Sees 5.25% 10-Year Yields Next Year
The glow of rate cuts may get wiped out by the reality of the government bond sale schedule
Bills at the US Bureau of Engraving and Printing in Washington, DC, May 21, 2024.
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There were some bold predictions today on Surveillance. One stood out among them all — State Street’s Marvin Loh said he sees 10-year Treasury yields getting back up to 5.25% next year.