Jinshi Data reported on November 26th that Intrerest Rate strategists from the Netherlands International Group stated in a report that the 10-year US Treasury yield is expected to decline towards the end of the year, but will not fall below 4%. The strategists said, ‘The lower limit for the 10-year US Treasury yield is 4%.’ They believe that weak economic data may provide impetus. In addition, the 50% retracement of the 10-year US bond yield from 3.6% to 4.45% may also provide impetus. However, the strategists believe that any decline below 4% would be excessive.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gate.io: The yield on the 10-year US Treasury bond is expected to fall to 4% by the end of the year.
Jinshi Data reported on November 26th that Intrerest Rate strategists from the Netherlands International Group stated in a report that the 10-year US Treasury yield is expected to decline towards the end of the year, but will not fall below 4%. The strategists said, ‘The lower limit for the 10-year US Treasury yield is 4%.’ They believe that weak economic data may provide impetus. In addition, the 50% retracement of the 10-year US bond yield from 3.6% to 4.45% may also provide impetus. However, the strategists believe that any decline below 4% would be excessive.