Analysts at Bank of America, via a note on Wednesday US time ICYMI, forecasts:
- US 2 / 10 Treasuries yield curve to finish 2024 in positive territory at 25 basis points
- US 10-year Treasury yield at 4.25% end of 2024
The analysts at BoA say they are becoming increasingly confident that the Federal Open Market Committee (FOMC) will deliver rate cuts in 2024
