What will rising bond yields mean if the economy keeps heating up?
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The Fed is expected to raise interest rates multiple times this year, which could affect interest rates and yields in the broader bond market. Today a top bond trader at Goldman Sachs forecast the yield on the 10-year Treasury will rise to as high as 3.5 percent by the summer. We haven’t been in a world of rising bond yields for quite awhile. So what does this mean?
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