Watching If 10-Year Treasury Yield Moves Towards 4.5%, UBS Says
UBS Global Wealth Management's Kelvin Tay says he expects tariff developments to "dominate headlines and drive sentiment at least for the next couple of weeks." Tay tells Bloomberg Television that he's watching 10-year Treasuries as the markets "are likely to react pretty violently to any movement" of yields towards the 4.5% level. He also discusses his outlook for Fed policy and the US economy.
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