FXStreet reports that economists at Société Générale expect the 10-year U.S. Treasury bond yield to extend its bounce towards March highs at 1.72%/1.77%.
“10Y UST looks poised to edge higher towards 1.63% and could even challenge the peak of March at 1.72%/1.77%.”
“The 200-DMA near 1.38%/1.35% should be an important support near-term.”