Yardeni: 10-Year Treasury at 5% Yield Looks ‘Very Attractive’ as Inflation Cools

Cointime reports: Ed Yardeni, president of Yardeni Research, said a 10-year US Treasury yield around 5% looks “very attractive” given expectations that inflation will cool. In a Bloomberg Television interview, he said buying the 10-year at that level requires relative optimism that productivity will push inflation down, adding that he holds that view.