Interest rate strategists at Dutch International Group said in a report that 10-year US Treasury yields should have room to decline towards the end of the year, but they will not fall below 4%. “The lower limit for 10-year US Treasury yields is 4%,” the strategists said. They think weak economic data could provide a boost. Furthermore, the rise in 10-year US Treasury yields from 3.6% to a 50% retracement level of 4.45% may also provide impetus. However, strategists think any decline below 4% is excessive.

Interest rate strategists at Dutch International Group said in a report that 10-year US Treasury yields should have room to decline towards the end of the year, but they will not fall below 4%. “The lower limit for 10-year US Treasury yields is 4%,” the strategists said. They think weak economic data could provide a boost. Furthermore, the rise in 10-year US Treasury yields from 3.6% to a 50% retracement level of 4.45% may also provide impetus. However, strategists think any decline below 4% is excessive.