FACTBOX-Wall Street forecasts for the U.S. dollar and 10-year Treasury yield in 2022 - NewsBreak

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By Ulises in Business
Updated 2 years ago

NEW YORK, Nov 16 (Reuters) - Wall Street banks have started to release their forecasts for the end of 2022 for euro/dollar, dollar/yen, and the benchmark U.S. 10-year Treasury yield. Here is a summary of their forecasts: Bank Euro/dollar Dollar/yen U.S. 10-year Treasury yield Barclays $1.19 115 yen 1.75% Morgan Stanley $1.18 118 yen 2.1% Goldman Sachs $1.18 111 yen 2.0% JP Morgan $1.12 114 yen 2.10% (end-Sept 2022) Wells Fargo $1.10-$1.18 110-120 2.00-2.50% Investment Institute Barclays Dollar: "We expect modest U.S. dollar depreciation over the coming year, reflecting our views of a positive backdrop for risk and commodities alongside moderate U.S. dollar overvaluation. Upside risks are largely from risk-off moves rather than U.S. outperformance and limited relative to downside risks stemming from aggressive market pricing for tighter Fed policy." Morgan Stanley U.S. 10-year yields: "Continued strong growth in 2022, alongside receding but above-target inflation, keeps the Fed patient,

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