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Downside risks for U.S. Treasury yields after Fed hike

SEB’s Jussi Hiljanen says the balance of risks for U.S. Treasury yields has shifted to the downside versus current forward pricing after the Fed’s unanimous 25-basis-point rate hike on Wednesday. The dot plot indicates one further hike this year.

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S. Treasury yields has shifted to the downside relative to current forward pricing after the Federal Reserve's unanimous 25-basis-point rate hike on Wednesday, SEB's Jussi Hiljanen says in a note. "The dot plot signals one further hike this year and leaves…"