Why T. Rowe Price’s CIO thinks 10-year Treasury yields may keep rising — and how he’s positioned in markets

Ten-year Treasury yields may keep climbing over the next two to three months, after startling markets with their recent surge, according to Sebastien Page, chief investment officer and head of global multi-asset at T. Rowe Price. 

“We are positioning for rising rates still,” Page said in an interview Tuesday on the sidelines of Charles Schwab’s Impact 2023 conference in Philadelphia. “I don’t think it’s over,” he said. “We do have a cash buffer.”

The…