Look for 1.3% on the 10-year Treasury, says BAML, noting declining yields are more than about...

|By:, SA News Editor

Look for 1.3% on the 10-year Treasury, says BAML, noting declining yields are more than about the European crisis - a sharp decline in U.S. inflation expectations reflects slowing-growth worries and pushes expectations for Fed hikes even further out. Look for additional Fed ease as a signal for when yields should finally start rising.