Recession may force Fed rate cut in 2023, sending Treasury yields lower -BofA By Reuters

Recession may force Fed rate cut in 2023, sending Treasury yields lower -BofA By Reuters

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By Davide Barbuscia NEW YORK (Reuters) - Benchmark U.S. Treasury 10-year yields will fall next year as the Federal Reserve slows monetary tightening and eventually cuts interest rates to stimulate a dwindling economy, according to a forecast from Bank of America (NYSE:BAC) (BofA). BofA believes…

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