HSBC lifts U.S. Treasury yield forecasts, strategist says
HSBC raised its U.S. Treasury yield forecasts across the curve, citing a more hawkish set of monetary-policy pathways and a higher structural floor for long-dated yields, according to rates strategist Dhiraj Narula.
HSBC has raised its forecasts for U.S. Treasury yields across the curve, U.S. rates strategist Dhiraj Narula said in a note. Narula said the move reflects HSBC's view of a more hawkish distribution of potential monetary-policy pathways and a higher structural floor for long-dated Treasury yields.