(Bloomberg) -- Charles Schwab joined a growing list of Wall Street firms predicting Treasury yields will stay low following a record-setting rally, even as U.S. debt is on pace for its second-straight weekly decline.

Morgan Stanley and Northern Trust are among those who said this week that yields could set fresh lows in the months ahead. T. Rowe Price Group envisions a tug-of-war between global demand for Treasuries and stronger U.S. economic data that will keep interest rates in a range.

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