Long-term US Treasury yields are likely to remain elevated as persistent inflation concerns, rising government and corporate debt issuance, and a shifting investor base put upward pressure on borrowing costs. The changing Treasury market dynamics could limit policymakers’ ability to bring down long-term yields.
Long-term US Treasury yields are likely to remain elevated as persistent inflation concerns, rising government and corporate debt issuance, and a shifting investor base put upward pressure on borrowing costs. The changing Treasury market dynamics could limit policymakers’ ability to bring down long-term yields.
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