Treasurys Hit as Hawkish Fed Views Keep Piling Up

What You Need To Know

• Could the Fed hike? Fed Bank of New York President John Williams says that it's possible, if warranted.
• The Fed may not cut interest rates at all this year with inflation remaining high, argues JPMorgan Chase President Daniel Pinto.
• Meanwhile, UBS Global Wealth Management expects the yield on the 10-year U.S. Treasury to end 2024 at around 3.85%.