Treasury 10-Year Yield Rises to 2% 1st Time Since April – Bloomberg 01-28-13

Salient to Investors:

Scott Sherman at Credit Suisse said the economy is on better footing.

William O’Donnell at RBS Securities said you just can’t hold rates down, they keep jumping back up, with a lot of resistance around 2 percent. RBS forecasts the 10-year yield to decline to 1.90 percent by end of 2013 versus the average economist forecast for 2.25 percent.

Bill Gross at Pimco said bond yields depend on when/if the US reaches 6.5% unemployment, 2.5% inflation, probably 2015.

Read the full article at http://www.bloomberg.com/news/2013-01-28/u-s-yields-are-highest-versus-g-7-peers-in-18-months.html

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