10-Year US Treasury Yield Surpasses 4.75% as Barclays and Societe Generale Revise Rate Hike Forecasts

The yield on the 10-year US Treasury note climbed above 4.75% on Monday, August 31, marking its highest level since January 2025. In response to shifting economic conditions and political rhetoric, analysts at Barclays and Societe Generale have updated their outlooks, now projecting two additional interest rate hikes within this year.