U.S. 10-year Treasury yields have stayed largely stable, reaching a high of 4.6% on May 21 and dipping to 4.35% in early June. Despite worries about increased government spending and a surge in new bond issuance, the demand for Treasuries has actually grown. Upcoming GDP and PCE inflation figures could be pivotal in determining the next move for 10-year Treasury yields. Insights by Jim Iuorio with TJM Institutional Services.
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