HSBC raised its forecast of US treasury bond bond yield and predicted that the monetary policy is more hawkish
According to Jin Shi, HSBC raised its full term yield forecast for US treasury bond bonds. Dilaj Narula, US interest rate strategist at HSBC, stated that the future monetary policy path will be more hawkish, with a higher structural bottom for long-term US Treasury yields. HSBC expects the two-year US Treasury yield to be 4.20% by the end of 2026 and 3.95% by the end of 2027; The yield on 10-year US Treasury bonds is expected to reach 4.65% by the end of 2026 and rise to 4.75% by the end of 2027.