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The 10-year Treasury yield will not dip below 3.9% before 2027. Yields will remain elevated with the 10-year trading near 4.65-4.74% in mid-August 2026 and PCE inflation running near 4.1%. The Federal Reserve's July FOMC held the funds rate at 3.50-3.75% in a 9-3 vote and the minutes showed growing…