Dan Evasin, chief investment officer of Pacific Asset Management Group, warned in the Financial Times that the US 10-year Treasury yield is at risk of hitting 6% due to triple macroeconomic pressures such as high oil prices, stubborn inflation, and huge public debt. Technical sell-offs and forced liquidation of hedge funds have further exacerbated severe market shocks, making yields likely to rise further in the short term.

Dan Evasin, chief investment officer of Pacific Asset Management Group, warned in the Financial Times that the US 10-year Treasury yield is at risk of hitting 6% due to triple macroeconomic pressures such as high oil prices, stubborn inflation, and huge public debt. Technical sell-offs and forced liquidation of hedge funds have further exacerbated severe market shocks, making yields likely to rise further in the short term.