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Allspring says U.S. bond-yield volatility may rise

Allspring Global Investments portfolio managers say U.S. government bond yields are likely to see higher volatility as the yield path becomes more data-dependent, absent a slowdown in economic growth, with yields potentially continuing higher.

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S. government bond yields is likely to rise as the path for yields becomes increasingly dependent on incoming data, portfolio managers at Allspring Global Investments said. "Absent a slowdown in economic growth, we believe yields could continue to move higher," Matthias Scheiber and Rusha said.