U.S. 10-year yield jumps above 2.75%, highest since April 2014

• February 1, 2018
• realestate
• Announcements, Business & Markets, Real Estate, Real Estate Finance, Your Real Estate Life

U.S. yields continued higher on Thursday, with the rate on the 10-year benchmark note rising 4 basis points to 2.75%. The gain comes after a choppy session on Wednesday when yields initially popped after the Federal Reserve struck a hawkish in its policy statement, but then ended little changed on the day. UBS on Thursday lifted its forecast for U.S. 10-year yields to reach 2.9% by the end of 2018, up from a previous prediction of 2.7%. For 2019, UBS raised the forecast to 3% from 2.85% previously.