ING Sees 4.2% as Attractive Level for 10-Year U.S. Treasury Yield
Deep News
3 hours ago
According to a report by ING Groep NV interest rate strategists Padhraic Garvey and Benjamin Schroeder, the yield on the 10-year U.S. Treasury note has averaged 4.2% over the past year and has also maintained that average over the past three years. They noted that while some macroeconomic vulnerability narratives suggest the yield needs to fall below 4%, the strategists expressed a preference for the 4.2% average trend. They anticipate the yield will move back toward that level. Based on the latest data from Tradeweb, the 10-year U.S. Treasury yield was recently quoted at 4.068%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.