US 10-year Treasury yields could rise significantly, increasing borrowing costs.

Mechanism A move towards 6% would represent a significant repricing in the Treasury market, reflecting increased inflation expectations and risk premia.

Treasury yields might fall as inflation expectations ease.

Mechanism Lower oil prices reduce inflation expectations, potentially leading to lower yields as bond prices rise.

Treasury yields may decrease as investors expect rate cuts.

Mechanism The anticipation of lower future Fed rates could lead to a decline in the 10-year yield as investors price in potential monetary easing.