US 10-year Treasury yield holds at 5% for 3 months... projected at 4.75% in one year

The U.S. 10-year Treasury yield is expected to hold near 5% over the next three months before easing to 4.96% in six months and 4.75% in a year, according to a Reuters survey of bond strategists. Each figure represents the projected level at that horizon rather than a rate pinned at 5% for the entire three-month stretch. The outlook points to a higher-for-longer rate path, with only modest declines over the next 12 months. Wells Fargo Investment Institute separately projects the 10-year yield at 4.50%–5.00% by the end of 2027. Investors will watch incoming inflation and labor data, along with Federal Reserve guidance, for signs of whether yields break above or below the projected range.