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Citi Raises 10-Year U.S. Treasury Yield Forecast to 5.0% by Year-End
Citi's strategist Jason Williams explained that the world is now fundamentally different compared to the July FOMC, leading to the revised outlook. The bank assumes Fed rate hike pricing will remain until year-over-year core PCE starts to normalize next year, expecting oil prices and the path of core PCE to drive the rates market for the remainder of this year.
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Source：WSJ市场 · Source Link
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