PIMCO Warns US 10Y Yields Could Hit 6% on Inflation, Debt, Oil

PIMCO warns that U.S. bond yields could rise to 6% for the first time in 26 years, driven by persistent inflation, worsening fiscal debt, and rising oil prices. This would increase borrowing costs, pressure equities, and strain corporate and real estate sectors. The warning is a forecast, not a market event, but signals growing concern over fiscal sustainability and inflation persistence.