(CNBC) Ten-year yield will rally above one percent: Wells Fargo’s Michael Schumacher. Wells Fargo Securities’ Michael Schumacher sees the Treasury yield rally picking up momentum. With the Federal Reserve policy meeting on interest rates underway, the benchmark 10-year Treasury Note yield is edging closer to striking 1%.
Treasury yield comeback is real, and the 10-year could hit 1.5% within months, Wells Fargo says
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