30-year US Treasury yield hovers near 5%, indicating unresolved pressure in the bond market
Svmuu reports that after surpassing the key level of 5% for the first time since July last year, the 30-year US Treasury bond yield is once again hovering around 5% at the beginning of this week—signaling that pressure in the world's largest bond market has not eased. This is a highly significant threshold, and traders are closely watching for signs of a further rise. At the core of this sell-off is market concern that a potential closure of the Strait of Hormuz could push up inflation and reduce the scope for interest rate cuts. Additionally, massive corporate spending in the AI sector has also sparked worries that short-term price increases may accelerate. (Jinshi)
Source:Odaily · Source Link
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