BofA Revises 10Y Forecast To 3.25%, Expects A "Bumpy Transition" Higher
February 23, 2018 at 13:51 PM EST
Exactly one week after Goldman became the first major bank to raise its 10Y yield target from 3.00% to 3.25%, this morning BofA was delighted to follow in Goldman's footsteps and also revised its 10Y year-end forecast to 3.25%.
