U.S. 10-Year Treasury Yield Seen at 4.00%-4.50% at Year-End

Nearly two-thirds of respondents to the Franklin Templeton Institute Global Investment Management Survey expect the 10-year U.S. Treasury yield to be between 4.00% and 4.50% at the end of 2024, Franklin Templeton said in a note. The survey, conducted in May, polls more than 250 of Franklin Templeton's investment professionals, focusing on public and private markets across asset classes. The 10-year U.S. Treasury yield traded above 4.50% at the end of May. It currently trades at 4.275%, up almost 4 basis points, according to Tradeweb.