Express
Swedish Nordea Bank: Q1 US Bond Yield Expected to Reach 3.9%
Summary: According to Jinshi's report, Jussi Hiljanen, Chief Strategist of the Research Department at Swedish Nordea Bank, stated in a report that the yield on US 10-year Treasury bonds is expected to fall to 3.9% in the first quarter of 2026. He emphasized that to achieve this goal, the market must regain confidence in the Fed's ...
According to Jinshi's report, Jussi Hiljanen, Chief Strategist of the Research Department at Swedish Nordea Bank, stated in a report that the yield on US 10-year Treasury bonds is expected to fall to 3.9% in the first quarter of 2026. He emphasized that to achieve this goal, the market must regain confidence in the Fed's rate-cutting path. Despite recent hawkish comments from Fed officials increasing short-term uncertainty, he highlighted that a shift towards loose policy stance, rate expectations, and lower yields in the next three to four months remain the bank's baseline scenario.