Pepperstone: Unless there is a macroeconomic downside risk, the potential for further gains in US Treasury bonds will diminish.
Jinse Finance reported that during the Asian trading session, U.S. Treasury yields edged lower, with the 10-year Treasury yield further falling below 4%. Pepperstone analyst Michael Brown stated in a report: "I find it difficult to justify the two-year (U.S. Treasury yield) dropping significantly below 3.50% or the 10-year (U.S. Treasury yield) dropping significantly below 4.00%, because the U.S. is outperforming other countries, inflation remains high, and overall risk appetite is positive." He said that unless there are major, potentially unexpected macroeconomic downside risks, the room for further gains in U.S. Treasuries is expected to diminish, especially for long-term bonds. (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise launches Bitcoin ETP in the UK today
Google discovers North Korean hackers using EtherHiding malware to attack Ethereum and BNB Chain
1,121 BTC transferred from an institutional account of a certain exchange

Trending news
MoreCrypto prices
More








