Svmuu News: Citigroup interest rate strategists said in a report that they have slightly raised their year-end forecast for the 10-year U.S. Treasury yield to 3.9%, up from their previous target of 3.75%. This adjustment follows the hawkish stance taken by the Federal Reserve at its June meeting.However, Citigroup strategists continue to maintain a bullish outlook on U.S. Treasuries in the medium term, as they believe the recent conflict in the Middle East will not cause inflationary pressures to spill over into core inflation. They also noted that they see the balance of risks tilting toward a weakening labor market rather than a strengthening one. (Jin Shi)