BNP Paribas expects U.S. Treasury yields to continue rising as the market is digesting expectations of future Federal Reserve rate hikes. The bank predicts that the Federal Reserve will raise rates three times starting from December, and believes that after last week's decision to keep rates unchanged (despite three dissenting votes in favor of a hike), investors will continue to question the Fed's credibility.

BNP Paribas expects U.S. Treasury yields to continue rising as the market is digesting expectations of future Federal Reserve rate hikes. The bank predicts that the Federal Reserve will raise rates three times starting from December, and believes that after last week's decision to keep rates unchanged (despite three dissenting votes in favor of a hike), investors will continue to question the Fed's credibility.

智通财经2026/08/03 10:31

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BNP Paribas expects US Treasury yields to continue rising as the market digests future rate hike expectations from the Federal Reserve. The bank predicts that the Federal Reserve will raise interest rates three times starting from December and believes that after last week's decision to keep rates unchanged (despite three dissenting votes in favor of a rate hike), investors will continue to question the Federal Reserve's credibility.

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