Bond Yields Projected to Rise to 6% as Fed Continues Aggressive Rate Hikes Despite Recession Risks

Key bond yields likely headed to 6% as Fed will keep hiking rates until something breaks, says TS Lombard

Research firm points to still hot labor market, which could further stoke inflation

Yields on the 10-year US Treasury have hit 16-year high in recent weeks

Robust economic data could influence Fed to take interest rates even higher

Higher rates risk sparking recession as they are already above levels Fed thinks are appropriate