May 19th, 2025

Mizuho Sees 10-Year Treasuries at 5% by Yearend

Jordan Rochester, fixed income strategist at Mizuho, discusses the outlook for Treasuries after a debt downgrade by Moody’s Ratings increased concerns over US debt. "I'm of the view that the recession fears were overblown," Rochester says on Bloomberg Television. "We've seen Donald Trump has really rowed his tariffs back, and there's potential for more to come."