---
title: "ING Groep: Neutral view on U.S. Treasuries in the short term, looking for opportunities to short 10-year U.S. Treasuries"
description: "ING Groep's interest rate strategist holds a neutral view on U.S. Treasuries, expecting a core PCE increase of 0.2% in the short term, which may boost market optimism and drive down U.S. Treasury yiel"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/258318202.md"
published_at: "2025-09-22T09:38:11.000Z"
---

# ING Groep: Neutral view on U.S. Treasuries in the short term, looking for opportunities to short 10-year U.S. Treasuries

> ING Groep's interest rate strategist holds a neutral view on U.S. Treasuries, expecting a core PCE increase of 0.2% in the short term, which may boost market optimism and drive down U.S. Treasury yields. It is anticipated that by 2026, the yield on 10-year U.S. Treasuries will rise to 4.5%. The strategist is focusing on opportunities to short 10-year U.S. Treasuries, believing that the Federal Reserve has little concern about the economic growth outlook, unemployment claims data indicates a positive employment market outlook, inflation data is expected to rebound, and supply-side pressures persist, with a combination of factors pointing to rising yields

ING Groep's interest rate strategists currently maintain a neutral stance on U.S. Treasuries in the short term. They point out that the core PCE month-on-month increase announced on Friday may be relatively moderate, expected to be 0.2%. This data could boost market optimism in the short term, pushing U.S. Treasury yields lower. Strategists expect that by 2026, the 10-year U.S. Treasury yield will rise to 4.5%. "We are looking for an opportunity to shift to a more bearish position on 10-year U.S. Treasuries at the right time," they explained, noting that the Federal Reserve has not shown much concern about the economic growth outlook, and the latest unemployment claims data also indicate that the current job market outlook is not bleak. Meanwhile, inflation data is expected to start rising, and supply-side pressures remain persistent. Taken together, these factors point towards an upward direction for yields

### Related Stocks

- [ING.US - ING Groep](https://longbridge.com/en/quote/ING.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
