Infrastructure Capital Advisors bullish on US Treasury bonds, expects the Federal Reserve to raise interest rates only one more time

智通财经2026/10/08 05:26

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Infrastructure Capital Advisors is optimistic about US 10-year Treasury bonds, citing expectations that the Federal Reserve will only raise interest rates one more time. The CEO and portfolio manager of the firm noted in a report that a single additional rate hike aligns with the Fed’s “dot plot” (the policymakers’ rate projections) and is fewer than current market pricing suggests. He added, “The yield on the US 10-year Treasury bond typically runs about 100 basis points higher than the Fed funds rate’s terminal value. Therefore, we expect that with weak housing data and sluggish core CPI figures prompting the Fed to pause rate hikes, the yield on US 10-year Treasuries will stabilize around 5%.”

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