RBC Says 30-Year Treasury Yield at 6% Is Possible
An RBC Wealth Management executive stated that 30-year Treasury yields reaching 6% is a possibility as rates continue to trend higher.
Rufaro Chiriseri, head of fixed income for Europe at RBC Wealth Management, discusses the outlook for Treasury yields and Federal Reserve policy. "6% on the on the 30-year is not a level that seems to be wildly out of any possibility," Chiriseri tells Bloomberg Television. "We still expect that yields could still continue to trend higher from here." (Source: Bloomberg)
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