finance
Bond Traders Focus on 5.5% as New Benchmark for 30-Year Treasury Yields
Bond traders are shifting attention to 5.5% as the next key level for 30-year U.S. Treasury yields. A Bank of America survey shows 62% of respondents targeting 6% and 20% targeting 4%.
May 19, 5:10 AM·1m read2 sources
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U.S. Treasury yields. A Bank of America survey found that 62% of respondents target 6% on 30-year Treasury yields while 20% target 4%.
5% as the next psychological level after recent moves in the bond market. The survey results indicate a range of expectations among market participants for where yields may settle.
America survey captured responses on expected yield targets for the 30-year Treasury. Respondents showed a clear preference for higher yield levels in the near term.
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