Higher long-term volatility lurks in widening spread of interest rate forecasts

February 13, 2018 | Daily JAM, Mid Term, Morning Briefing | 2 comments

Today Goldman Sachs projected that the yield on the Treasury 10-year note will climb as high as 3.5% in the next six months. In addition, the Wall Street giant told Bloomberg, the U.S. Federal Reserve will raise rates four times in 2018. The yield on the 10-year Treasury finished at 2.85% yesterday after trading as high as 2.89%, a four-year high.