Pictet WM: Fed to raise rates “until something breaks”

4 October 2018 | 1 minute read

In contrast to UBS GWM’s view that there’s not much to run for 10-year US Treasury yields, Pictet Wealth Management believes the Fed will raise rates “until something breaks”. “The Fed may be more inclined to continue hiking even when the fed funds rate reaches 3%, even though there is still not a strong official consensus,” the wealth manager said….

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