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Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high

Thu Jan 4 , 2024
It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark 10-year Treasury note yield will hit 5.5% this year — its highest level since May 2001. A major part of his thesis is built on the economy’s strength and resiliency. […]

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