US Treasury yields yet to peak as Fed may tighten further, PIMCO's Ivascyn says
TLT•PIMCO CIO Dan Ivascyn said US Treasury yields may rise further and the Federal Reserve may deliver one or two more rate increases.
1. Rate outlook
Ivascyn expects the Fed to hold rates later this month but sees scope for one or two additional hikes before the current tightening cycle ends.
