At 2.61%, the yield on the 10-year U.S. Treasury note is at its highest level since July. But it’s still extremely low.
Folks like hedge fund manager David Tepper believe that yields are heading higher from here.
But according to Deutsche Bank’s Torsten Slok, there are actually more forces pushing U.S. interest rates down than up.
Here’s a roundup for the forces from Slok: