PGIM Deputy Head Katharine Neiss signals that US 10-year yields breaching the 5% level remains a plausible scenario for the bond market.
Katharine Neiss from PGIM suggests US 10-year yields could rise above 5%, indicating potential upward pressure on the yield index.
PGIM's Katharine Neiss warns that US 10-year Treasury yields could climb above 5% as economic conditions evolve. The forecast highlights potential upward pressure on benchmark rates amid ongoing Federal Reserve policy deliberations.
Katharine Neiss of PGIM suggests that yields rising above 5% is not an implausible outcome for the current economic environment.