10-year Treasury yield may rise above 5% in near term, but will end the year lower at 4.4% – Deutsche Bank

Economists at Deutsche Bank share their forecast for 10-year US Treasury yield.

10Y US Treasury yield at 4.40% by year-end, 10Y bund at 2.85%

The 10-year Treasury yield may rise above 5% in the near term, but we will see it end the year lower at 4.4% and decline to 4.10% by the end of Q2 2024.

We expect 10-year bund yields at 2.85% by year-end and 2.60% by Q4 2024.

See: The USD reaction to rising US yields is disappointingly small – Commerzbank