Dan Ivascyn

Pimco Warns 10-Year U.S. Treasury Yield Could Test 6% for First Time Since 2000

Pimco is warning that the benchmark 10-year U.S. Treasury yield could rise to 6% for the first time in more than two decades, underscoring growing concern that higher-for-longer rates may persist even as markets debate the timing of Federal Reserve cuts. The call reflects a broader reassessment of duration risk as heavy Treasury supply, sticky inflation and resilient growth keep pressure on long-dated bonds.