Opinion: Federal Reserves Are Most Reluctant to See a Surge in 10-Year U.S. Treasury Yields
Svmuu News: Jeff Buchbinder, chief equity strategist at LPL Financial, said investors are closely watching the first press conference by Federal Reserve’s new chairman, Wash, to gauge his views on inflation, unemployment, and the economic outlook. The yield on the 10-year U.S. Treasury note is currently fluctuating around the 4.43% level. Jeff Buchbinder believes that the last thing Wash wants to see is a sharp rise in the 10-year U.S. Treasury yield. For the market, it is crucial that the 10-year U.S. Treasury yield remains below 4.5%, especially now that oil prices have fallen. Therefore, do not expect Federal Reserve to take swift action on this matter. (Jinshi)
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Source:Odaily · Source Link
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