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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    1.9M Followers
BOFA RAISES 10-YEAR TREASURY YIELD TARGET TO 5% Bank of America raised its year-end U.S. 10-year yield forecast to 5.0% from 4.5%, citing fiscal concerns and broader market risks. The bank also lifted its 2-year yield forecast to 5.0%. BofA sees risks from Iran, fiscal pressures, trade tensions and AI uncertainty, while also raising its H2 Brent oil forecast to $95 per barrel.
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