Global Economy
PIMCO's Ivascyn says market has not yet seen the peak in US Treasury yields; expects Fed to hold in October, with one or two more rate hikes this cycle
StockNow breaking-news AI analysis
Ivascyn expects an October Fed hold and one or two further hikes, sees Treasury yields potentially rising further, and identifies housing and commercial real estate as key spillover-sensitive sectors.
News detail
Long-end Treasuries can handle more Fed tightening. Spillover risks are greatest in rate-sensitive sectors, citing housing and CRE.
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