US treasury yields are likely to increase this year: Wells Fargo
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US treasury yields are likely to increase this year: Wells Fargo

Wells Fargo Securities' Michael Schumacher says that the U.S. dollar has had a solid run, but will weaken over the next three to six months. He also says that the Fed's retreat from buying bonds could cause U.S. treasury yields to increase before the year is over.
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Wed, Jul 29 20205:32 AM EDT