Revisiting Our 10-Year Treasury Yield Forecast
Submitted by Flynn Zito Capital Management on September 20th, 2021Until recently, we expected the 10-year Treasury yield to end the year between 1.75% and 2.0%. Now, however, there are two key elements suggesting we are unlikely to see significantly higher interest rates by year end: The Delta variant’s impact on economic growth expectations, and the continued demand for U.S. Treasuries by foreign investors.