BANK OF AMERICA FORECASTS US 10-YEAR YIELD WILL STAY BELOW 5.25%
BANK OF AMERICA FORECASTS US 10-YEAR YIELD WILL STAY BELOW 5.25%
Bank of America forecasts US 10-year yield to be 4.75% this year.
The yield could rise above 5%, but unlikely to exceed 5.25%.
BoA sees a strong macro economy and a hawkish Federal Reserve.
A rate hike by the Fed is possible, depending on inflation data.
Yields around 5% would be a good buying opportunity if CPI stays the same or lowers.
