Treasury Yields Expected to Peak Around 5% as Inflation Soars and Geopolitical Tensions Rise
- 10-year Treasury yields will likely peak around 5%, according to State Street CEO
- Spike in yields driven by inflation concerns and rising debt costs
- Fed has tough job balancing inflation fight and not overtightening
- Geopolitical tensions like Israel-Hamas conflict weighing on markets
- Investors taking pause amid global tensions between nations