So how high will yields go? I’m hearing 6% or even 7%

So how high will yields go? I’m hearing 6% or even 7%

Today the yield on the 10-year Treasury closed at 4.71%. That was down 2 basis points on the day but in the year the yield is up 96y basis points. Almost a full percentage point. How high can yields go? Bond traders and investors want to know. Investors in other financial assets, stocks, for instance want to know. The Federal Reserve, which is supposed to set interest rates but is increasingly a sideline spectator on rates, wants to know.