Outlook for US rates

Standard Chartered notes:

Market still has to adjust to the coming H2-2015 tightening cycle: 2Y-5Y sector to be most sensitive.

10Y UST rate likely to be range-bound in coming months; our year-end 2015 forecast is 2.30%

Likely slow tightening, low rates plateau, subdued inflation to contain upside risks for long-term yields