Pimco Sees A 6% 10-Year... Here's Why "Bad Inflation" Caps Yields

Will interest rates go up to 6%? That's the question on many investors' minds since Pimco's chief investment officer, Dan Ivascyn, told the Financial Times last Friday that a 6% 10-year Treasury yield is "certainly possible." The hotter-than-expected September CPI report only added fuel to that argument.