Larry Summers sees 10yr yields averaging 4.75%. Yields will go even more higher

by DesmondMilesDant

Source : Summers Sees 10-Year Yields Averaging 4.75% in Coming Decade (yahoo.com)

The yield on the 10-year US government bond is currently sitting at around 2.5%. However, in a recent interview, former Treasury chief Larry Summers said that he believes it will rise to an average of 4.75% over the next decade. This would represent a significant increase from current levels and could have implications for both borrowers and investors alike.