1213 ET - It may not be the time to buy long-term Treasurys just yet, Franklin Templeton's Sonal Desai says. "We are disinclined to extend duration into the current sell-off in U.S. 10-years, because we think that there may be a bit more for this to go." She estimates the benchmark yield, which rises when bond prices decline, could still rise above 4.5%. It's currently at 4.38%. Uncertainty is the main reason to remain cautious. "It's premature to either be calling for catastrophic global consequences…but equally, it would be completely wrong to assume that we're going to go back to business as usual in a few weeks' time." (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
March 24, 2026 12:13 ET (16:13 GMT)
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