After U.S. Treasury yields surged to multi-year highs, Wall Street strategists at firms like Goldman Sachs and Citi have turned bullish on U.S. Treasuries again, advising investors to increase their long-duration exposure. Goldman Sachs believes that signs of stress in credit markets and an improved investor positioning structure support a rebound in U.S. Treasuries. Citi, on the other hand, favors 2- to 3-year U.S. Treasuries, based on slowing inflation and weakening wage growth.