WALL STREET SEES US 10-YEAR YIELD FALLING TO 4.75% BY LATE 2027 A Reuters poll forecasts US Treasury yields will gradually decline over the next year, despite persistent inflation and Fed tightening risks. The 10-year yield is expected to hold at 5.00% in three months, ease to 4.96% in six months, and fall to 4.75% in a year. The 2-year yield is projected to decline to 4.66%, 4.59% and 4.33% over the same periods. But 23 of 30 bond strategists warn the 10-year yield is more likely to exceed forecasts than fall below them. Wall Street expects lower yields eventually, but sees significant upside risk in the near term.
$Tesla Motors(TSLA)$ Tesla FSD Supervised (now named Tesla Assisted Driving in Europe) has officially been approved in Finland, marking the 11th European country. Countries in Europe that have approved it so far: • Belgium • Netherlands • Denmark • Lithuania • Finland • Estonia • Slovenia • Czechia • Croatia • Slovakia • Latvia
Tesla FSD Supervised (now named Tesla Assisted Driving in Europe) has officially been approved in Finland, marking the 11th European country. Countries in Europe that have approved it so far: • Belgium • Netherlands • Denmark • Lithuania • Finland • Estonia • Slovenia • Czechia • Croatia • Slovakia • Latvia
Tesla FSD Supervised (now named Tesla Assisted Driving in Europe) has officially been approved in Finland, marking the 11th European country. Countries in Europe that have approved it so far: • Belgium • Netherlands • Denmark • Lithuania • Finland • Estonia • Slovenia • Czechia • Croatia • Slovakia • Latvia
BANK OF AMERICA WARNS FED COULD DELIVER 50BPS HIKE IN DECEMBER Bank of America says October's hot CPI report virtually guarantees a December Fed rate hike — and opens the door to a larger 50bps move. Headline CPI rose 0.4%, while core CPI climbed 0.3%, marking a third consecutive upside inflation surprise. BofA now estimates core PCE inflation at 3.3% YoY. Price pressures are spreading across goods and services, with electronics, airfares and hotels driving increases. BofA still expects 25bps in December, but sees growing risk of another hike in January rather than March. The bank warns the Fed is falling behind inflation and calls October's decision to hold rates a potential policy mistake.
BANK OF AMERICA WARNS FED COULD DELIVER 50BPS HIKE IN DECEMBER Bank of America says October's hot CPI report virtually guarantees a December Fed rate hike — and opens the door to a larger 50bps move. Headline CPI rose 0.4%, while core CPI climbed 0.3%, marking a third consecutive upside inflation surprise. BofA now estimates core PCE inflation at 3.3% YoY. Price pressures are spreading across goods and services, with electronics, airfares and hotels driving increases. BofA still expects 25bps in December, but sees growing risk of another hike in January rather than March. The bank warns the Fed is falling behind inflation and calls October's decision to hold rates a potential policy mistake.