Fed hawkishness prompts HSBC to raise 10-year Treasury yield target

The Federal Reserve's expectations that the U.S. economy will continue to expand and necessitate additional interest rate hikes to combat inflation prompted HSBC to raise its year-end forecast for 10-year U.S. Treasury yields to 3.5% from 3%, strategists at the bank wrote in a note on Thursday.…#federalreserve #hsbc #ustreasury #stevenmajor #treasury #capitaleconomics

Source: Reuters: Health - September 21, 2023 Category: Consumer Health News Source Type: news