BofA: lowers GDP, Treasury yield forecasts

BofA: lowers GDP, Treasury yield forecasts

September 1, 2010, 1:15 pm

[at MarketWatch] - Bank of America Merrill Lynch economists lowered their forecasts for U.S. economic growth, saying gross domestic product will rise 2.6% in 2010, compared to a previous forecast for a 2.7% rate.