Bank of America Boosts U.S. 10-Year Yield Forecast to 3% on Jobs – Bloomberg

Bank of America Boosts U.S. 10-Year Yield Forecast to 3% on Jobs
Bloomberg
“Today’s payroll data, in light of the Fed’s new reaction function, justifies a move higher in rates,” Bank of America Merrill Lynch said in a report. The company, one of 21 primary dealers that trade with the central bank, raised its 10-year forecast

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