The popularity of the US bond market has deteriorated, with investors preparing for the 10-year yield to rise to 5%.

Investors are betting that long-term US Treasury bond yields will soar, as concerns grow over the US government's ever-expanding debt and deficits. They believe that long-term bond yields will rise by the end of the year. Some are heavily betting that the 10-year yield will reach 5%. This wave of betting on a decline in US Treasury bonds echoes the views on Wall Street: from Goldman Sachs to JPMorgan, strategists at various institutions are raising their yield forecasts.