Treasuries Will Rebound From Fed’s Hawkish Signals, MLIV Pulse Shows

The worst Treasuries selloff since 2013 on a Federal Reserve meeting date is likely to prove short-lived, according to a survey of Bloomberg Terminal subscribers.

Benchmark 10-year Treasuries will yield 4.4% at the time of the central bank’s March gathering, from about 4.51% now, according to the median of 81 responses in a Markets Live Pulse survey. The poll was conducted Wednesday after policymakers lowered borrowing costs by a quarter-point, but trimmed the number of cuts they anticipate in 2025.