Lates News

According to a strategist at TD Securities, due to the Federal Reserve still being in a wait-and-see mode, US bond yields may stay at high levels in the short term. However, growth risks may eventually limit their upside potential. They point out that the market has already started pricing in interest rate hikes in response to rising inflation expectations, but has ignored the potential downside risks to economic growth. The strategists believe that "concerns about slowing growth may limit further increases in yields". Tradeweb data shows that US bond yields fell during the Asian trading session, with the 10-year US bond yield dropping by 4.8 basis points to 4.391%.