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HSBC's Major: 10-Year Yields Will Struggle to Get Much Above 4%
Posted
December 15, 2023
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4:08Now PlayingHSBC Global Head of Fixed Income Research Steven Major discusses the outlook for Federal Reserve policy, the US economy and Treasury yields. A perennial bond bull, Major sees the yield on the US 10-year at 3% by the end of 2024. “Even when yields went to 5%, we were obviously getting some heat,” Major said on Bloomberg Television. “But you don’t change your forecast based on the spot.”
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