Experts speak out: a gloomy outlook is expected for the US bond market
According to Mark Cabana, a Bank of America interest rate strategist, the selling pressure in the U.S. Treasury market will continue if the Federal Reserve cannot credibly communicate its plans to achieve a 2 percent inflation target, Bloomberg reported.
According to Mark Cabana, a Bank of America interest rate strategist, the selling pressure in the US Treasury market will continue if the Federal Reserve cannot credibly communicate its desired 2 percent inflation target, Bloomberg reported.
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