Barclays Says US 30-Year Yield Can Reach 6% in Productivity Boom
Barclays Capital analysts suggest the US 30-year Treasury yield could reach 6% due to a potential productivity boom that the current market has not fully priced in.
The US 30-year yield has scope to reach 6% as this month’s Treasury market selloff has yet to price in the risk of a sustained increase in productivity growth, the head of US rates research at Barclays Capital said in a report.
READ NEXT
More on the wire
AI TLDR
A Senate Homeland Security Committee panel is holding a hearing on the national security risks of rogue artificial intelligence. Experts will discuss how autonomous AI agents could be used for cyberattacks.
AI TLDR
Fantasy football analyst Jamey Eisenberg highlights Tyler Shough, Trevor Lawrence, and Matthew Stafford as top quarterback options for Week 4. The recommendations are based on current player performance trends.
AI TLDR
Packers player Jayden Reed will miss the remainder of the season to undergo neck surgery. The injury occurred during Week 2, though it is not considered career-threatening.