Pimco CIO Sees Room for One or Two More Fed Hikes, Treasury Yields Higher

Pimco CIO Dan Ivascyn told Reuters that the Fed is likely to hold rates at its upcoming meeting but may hike one or two more times before the cycle ends, suggesting Treasury yields have room to rise. This is a notable view from a major bond manager, though it is a forecast rather than a confirmed policy action. The comment signals potential upward pressure on yields and a hawkish tilt in market expectations.