Business Insider -
17 Apr 2017 16:44

CNBC Guggenheim Securities chief investment officer Scott Minerd just made a big call on the 10-yearyield. In a tweet fired out Monday morning, Minerd declared, "The next stop for 10-year Treasury yields is 2%, with the probability rising that we revisit 1.5% or lower this summer." Treasury yields surged in the weeks following the election -- with the 10-year yield climbingabout 80 basis points to more than 2.60% -- on the prospects President Donald Trump's economic agenda would inflation back t...
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