Analysts: 10-year U.S. Treasury bonds will remain range-bound

Interest rate strategists at Socie ́ te ́ Ge ́ ne ́ rale said in a note that they expect 10-year Treasury yields to remain in the range of 4.0% to 4.5% in the coming months.
"While we expect term premiums to rise modestly, the rise in long-term yields is likely to be limited, so the steepening momentum may abate," they said. Strategists expect the Fed to cut interest rates twice in the second half of 2025 in response to slowing economic growth and employment.