B · Normal
[Citigroup, Goldman Sachs, JPMorgan Chase, etc. raised their forecasts for year-end U.S. bond yields] September 15th: After the consumer price index released by the United States last Friday pushed the market’s implied probability of the Federal Reserve raising interest rates to about 90%, interest rate strategists at Citigroup, Goldman Sachs, and JPMorgan Chase all turned to predicting that the Federal Reserve may raise interest rates this week. The institutions and TD Securities join many other traders on Wall Street in predicting that the Federal Reserve will announce a rate hike on September 16. At the same time, many institutions have also raised their forecasts for U.S. Treasury yields at the end of the year. Goldman Sachs strategists raised their year-end forecast for 10-year U.S. Treasury yields from 4.40% to 4.75%, while TD Securities raised their forecasts from 4.25% to 4.75%. Strategists such as TD Securities Gennadiy Goldberg said in a report on September 11 that given that the market has largely priced in expectations of the Federal Reserve's interest rate hikes, yields are not expected to rise significantly out of control due to the increase, but unless the economy shows signs of deterioration, yields should generally remain at a high level in 2027. Bank of Montreal strategists also said that they have lowered their bullish expectations for the 10-year U.S. Treasury bond, expecting the yield to be 4.6% at the end of the year. The possibility of falling to 4.0% before the end of the year no longer exists. The bank maintains its medium-term optimism on the U.S. Treasury asset class, but its near-term targets are less aggressive than before.
Global market intelligence 🕐 2026-09-15 02:07

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