SEB: U.S. 10-year Treasury yields may fall if market expectations for Fed rate cuts intensify

Golden Ten Data reported on April 17 that the Chief Interest Rate Strategist at Sweden’s SEB stated that the 10-year US Treasury yield has closely tracked the market’s expectations for a Federal Reserve policy rate cut. Further downward revisions in Federal Reserve rate expectations may cause the 10-year Treasury yield to decline slightly in the short term, but the decrease is not expected to be significant. It is anticipated that the yield will remain within the 4.10% to 4.30% range over the next few months.