Nordea expects the yield on the ten-year U.S. Treasury bond to soon surpass the 1.74% high reached in March. But on Monday, bond yields fell.

Bond yields stood at 1.606% late Monday. Sébastien Galy of Nordea explains that " the trend to watch is the steady rise in Treasury bond yields, first driven by long-maturity securities and then slowly by short-maturity securities." For him, abundant supply and improved growth prospects should allow this trend to become consensual and have an impact on other asset classes.
Sébastien Galy expects the yield of the ten-year stock to reach 1.80% in the coming weeks and 2% during the summer. For its part, the asset manager believes that consumer prices in the United States will increase on average by just under 3% between 2025 and 2030, which is not yet fully integrated by the markets.