Citi Sees 10-Year Treasury Yields at 1.25% Next Year

Citi bank expects that the 10-year Treasury yields in the United States will rise to 1.25%, from a current 0.9%, in 2021.

This should be as markets look through bad fundamentals towards recovery, MarketWatch reported.

“We expect the bond selloff to stop when yields reach 1.25%, so removing a key driver of current rotation. We have neutralized our exposure to Growth in our core equity strategy but not shifted wholesale back towards Value.”