Media survey: Concerns over Federal Reserve independence ease, long-term yields expected to reach 5% by year-end
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This marks a significant difference from the last time this question was asked in May, when fewer than half of respondents shared a similar view, accounting for 48%. The survey also shows that the most likely outcome for the 30-year US Treasury yield by year-end is to reach or exceed 5%, indicating that the market has some doubts as to whether the Federal Reserve will move quickly enough to curb the recent surge in inflation. Expand
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