The US 30-year government bond yield has become the market's new fear gauge, as concerns about government debt and fiscal credibility intensify.
A Bloomberg survey showed that 66% of respondents expect the 10-year government bond yield to break above 5% this year. However, KB Securities believes investors are overly pessimistic, pointing out that policymakers still have tools to control yields, including government bond buybacks, fiscal tightening, Operation Twist, and bank deregulation.
Source:X@DeItaone · Source Link
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