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Padhraic Garvey and Benjamin Schroeder, interest rate strategists at the Dutch international group, stated in a report that the US 10-year Treasury yield may "remain in a trading range of 4% to 4.10% for some time before breaking out." They said, "We believe that falling below 4% will be temporary, while breaking above 4.1% will be a more structural affirmation that will be the theme of 2026." The strategists mentioned that the market lacks a sufficient reason to drop below 4% but is also reluctant to push higher above 4.1%.
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