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BMO’s Davis: 30Y Yield to Hit 6% ‘Inevitable’ in October

BMO Global Asset Management’s Earl Davis said he sees the 30-year US Treasury yield crossing 6% as inevitable, likely within October, due to bond-market volatility creating a cycle driving rates higher.

Original · Bloomberg AI summary of public reporting

Why: Forecast of 6% yield → bond prices fall

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BMO’s Davis: 30Y Yield to Hit 6% ‘Inevitable’ in October | SignalHub