Pimco CIO Dan Ivascyn says 10-year yield could hit 6%
Pimco Chief Investment Officer Dan Ivascyn told the Financial Times the US 10-year Treasury yield could rise to 6% for the first time since 2000, citing inflation, high oil prices and public debt.
Pimco Chief Investment Officer Dan Ivascyn told the Financial Times on Friday that the 10-year US Treasury yield could rise to 6% for the first time since 2000, with inflation, high oil prices and the country’s public debt cited as drivers.