EconomyUS 10-year Treasury yields could hit 6% for first time since 2000, Pimco says
Pimco’s investment chief says a further sharp rise in borrowing costs is feasible as market participants are forced to unwind losing bets, putting the US 10-year Treasury yield at risk of reaching 6% for the first time since 2000.
US 10-year Treasury yields could hit 6% for first time since 2000, Pimco says