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The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bond strategists polled by Reuters, although most said their conviction around that.
Bond strategists stand ground, say U S Treasury yields have peaked: Reuters poll streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bond strategists polled by Reuters, although most said their conviction around that prediction was weak. Despite yields rising over the past few months, analysts in a Reuters Sept. 5-11 poll held on to their predictions that sovereign yields will drop over the coming year, suggesting the recent sell-off in the bond market was mostly over. Roughly the same group of strategists said the same thing last month, about two weeks before the benchmark U.S. yield hit a near-16 year high of 4.37%.
By Sarupya Ganguly BENGALURU (Reuters) - The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bo.