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BofA Raises Year-End US 10-Year Treasury Yield Target to 5%, H2 Brent Oil Forecast to $95
Bank of America raised its year-end U.S. 10-year Treasury yield forecast to 5.0% from 4.5%, and its 2-year yield forecast to 5.0%. The bank also lifted its H2 Brent oil forecast to $95 per barrel, citing fiscal concerns, broader market risks, Iran, fiscal pressures, trade tensions, and AI uncertainty.
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