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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Falling oil prices may drive benchmark Treasury yields back to levels last seen more than a year ago, according to Wall Street research veteran Ed Yardeni. Yields on 10-year Treasuries could hit 3.75% if the oil price continues to slide and the Federal Reserve lowers interest rates next week, said the strategist. His argument is based on the long-run correlation of the two asset classes, which are linked through oil’s impact on inflation.
