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Bank of Singapore: It’s “easy to see” 3% year-end yield for 10Y UST

US inflation is now approaching the Fed target of 2%, pressuring bond markets and potentially pushing 10-year Treasury yields to 3% by the end of the year, according to Bank of Singapore. Inflation drivers: March 2017 anomaly, oil prices and import pressure “Inflation has been running well below the Fed’s 2% target over the past year, but this is set…

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