Given our assumption of no December taper and the fact that most of the recent rise in interest rates is due to an early-taper fear, we expect the 10-year yield to drop back to the 250 level.
Dec
06
2013
10-Year: No December Taper, Back To The 250 Level
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![Chun Wang / Sr. Research Analyst & Co-Portfolio Manager](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_4146_LR_Chun.jpg?h=150&w=150&fit=crop&fp-y=.15)