MARKETS
The 10-Year Treasury Yield May Be About To Hit 6%
The 10-year rate has been rising rapidly, has already crossed 5% , and could be on its way to 6%. Long-term forward and real rates point to much higher interest rates as the market reprices the US economy's longer-run neutral rate. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.
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