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Société Générale: US Treasury yields are expected to remain at 4.0%-4.5%, and the Federal Reserve may cut interest rates in 2025.
[BitPush] A strategist for interest rates at Société Générale said in a report that the yield on 10-year U.S. Treasuries is expected to remain in the range of 4.0%-4.5% over the next few months.
They stated: "Although we expect the term premium to rise slightly, the increase in long-term yields may be limited, so the steepening momentum may weaken." Strategists expect the Federal Reserve to cut interest rates twice in the second half of 2025 in response to slowing economic growth and employment.