NEW YORK (MarketWatch) — Most of the U.S. bond selloff has already happened, as the fixed-income markets grapple with uncertainty over Federal Reserve monetary policy and the selection of the central bank’s next chair, said strategists at Morgan Stanley. Nonetheless, yields could continue to climb in the coming year, the strategists said in a Tuesday report. Given that outlook, they project the benchmark 10-year Treasury note yield ending 2013 at 2.79% and continuing to climb to 3.36% by the end of the third quarter of 2013.
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10-year Treasury yield to finish year at 2.8%: MS is a post from: The Forex Trading System Blog
