Deutsche Bank Raises U.S. Bond Yield Forecast

BlockBeats News, June 30th, Deutsche Bank's rate strategist has revised year-end forecasts for 2-year and 10-year US Treasury bond yields. Their latest forecast indicates that the 2-year Treasury yield is expected to reach 4.30% by the end of the year, an upward revision of 35 basis points from their previous projection.

They have also raised their forecast for the 10-year Treasury yield to 4.80%, an increase of 10 basis points from their earlier prediction. This revision reflects Deutsche Bank economists' latest outlook on the Fed's plan to raise interest rates twice this year, each time by 25 basis points.