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September 2023 / VIDEO

US Treasury Yields, Up, Up, and Away…?

We expect rate volatility to persist as the Fed pursues a 2% inflation target and restricts monetary policy for longer than expected

A sharp rise in US Treasury yields—pressured by a resilient US economy and supply and demand imbalances in the US Treasury market—has caught many investors by surprise. We believe that rate volatility is likely to persist as the US Federal Reserve pursues a 2% inflation target and restricts monetary policy for longer than expected.  

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