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📊 Macro Watch: ING rates strategists stay neutral on U.S. Treasuries short term.
They see Friday’s core PCE likely at +0.2%, which may lift optimism and push yields lower.
🔎 Longer term, ING expects the 10Y Treasury yield to rise to 4.5% by 2026, citing resilient growth, sticky inflation, and supply-side pressures.
#Macro USTreasuries #Bonds FOMC #Markets