[Deutsche Bank Raises 10-Year U.S. Treasury Yield Forecast, Believes Fed Has Concluded Rate Cuts] Deutsche Bank's rate strategists have raised their year-end forecast for the 10-year U.S. Treasury yield, citing expectations that Federal Reserve officials, now led by Chairman Kevin Warsh, have concluded rate cuts. The strategist team at Deutsche Bank, including Matthew Raskin and Steven Zeng, predicts that the 10-year U.S. Treasury yield will rise to a peak of 4.70% by December, up from around 4.45% on Friday, which was also the bank's previous year-end forecast.