Jefferies Finds U.S. Treasury Yields Attractive for Long-Term Investors

Jefferies global economist Mohit Kumar stated that the current levels of U.S. Treasury yields are attractive for long-term investors, but uncertainty remains high. Jefferies believes that central banks will not implement rate hikes as aggressively as reflected in market pricing. According to LSEG data, the money market has priced in an expectation of a cumulative 93 basis points increase by the Federal Reserve over the next 12 months.

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