BNP SEES FED HIKES PUSHING YIELDS HIGHER BNP Paribas expects U.S. Treasury yields to keep rising as markets price in future Fed rate hikes.

BNP SEES FED HIKES PUSHING YIELDS HIGHER BNP Paribas expects U.S. Treasury yields to keep rising as markets price in future Fed rate hikes. The bank forecasts three Fed hikes starting in December, arguing investors will continue to question the Fed's credibility after last week's decision to hold rates steady despite three dissenting votes for a hike.