Normal US GDP growth (inflation plus growth combined) is likely to be between 6-7% going forward, which implies a target of about 6% for the 10-year Treasury yield, with only temporary respite from Treasury/Fed efforts to keep yields down.

forecastpending

Speaker

Michael Howell

Evidence Quote

We think normal GDP growth is likely set for a clip of between 6-7% going forward.

Source

Massive Liquidity Shock Coming; Brace For 'Wrecking Ball' Warns Economist | Michael HowellDavid Lin
Created: 8/12/2026, 6:46:58 PM

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