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Investors are placing bets on the long-term US Treasury bond yields skyrocketing as concerns grow over the ever-expanding debt and deficits of the US government. Investors believe that long-term bond yields will increase by the end of the year. Some are heavily betting that the 10-year yield will reach 5%. This wave of bets on the decline of US bonds echoes Wall Street's views: strategists from institutions such as Goldman Sachs and JPMorgan have all raised their yield forecasts.
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