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UBS raises 10-year Treasury yield target to 4.80% after stop-loss

Verifying
  • UBS abandoned its near-term bullish view on front-end bonds after a two-year Treasury stop-loss.
  • 4.80% became UBS’s new year-end target for the 10-year Treasury yield, up from 4.35%.
  • Tradeweb recorded the two-year yield at 4.568% after a 4.596% peak.
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