According to Bloomberg Television, strategist Ed Yardeni said investors are calmly handling U.S. Treasury yield increases, with 10-year yields at 4.25%-4.75% representing normal levels. “I am not alarmed by this,” Yardeni stated, noting that U.S. Treasuries remain viewed as a safe haven amid multiple global concerns. Should yields continue to rise, Treasury Secretary Benson may consider reducing longer-term bond issuance in favor of increased short-term Treasury bill offerings.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bank of America Abandons 2024 Rate Cut Forecast, Delays First Cut to H2 2027
According to ChainCatcher, Bank of America economists abandoned their previous forecast for rate cuts in September and October 2024 on May 8, citing persistent inflation above expectations and solid employment growth. The bank now expects the Federal Reserve's first rate cut in the second half of 20
GateNews38m ago
Russia's Forex Sales Surge to $29.8B in April Amid Rising Oil Prices
According to the Russian Central Bank, forex sales in Russia doubled to $29.8 billion in April, driven by rising global oil prices.
GateNews38m ago
U.S. 6-Week Treasury Yields Rise to 3.615% on May 12
On May 12, the U.S. 6-week Treasury bill auction settled at a yield of 3.615%, up from 3.60% at the previous auction.
GateNews48m ago
US 1-Year Treasury Yield Hits 3.65% on May 12, Up 9 Basis Points
The U.S. 1-year Treasury yield rose to 3.65% at today's auction on May 12, up from 3.56% at the previous auction, marking a 9 basis point increase.
GateNews50m ago
JPMorgan CEO Dimon Warns of 'Stupid' U.S.-Europe Trade Issues, Cites Middle East Concerns
According to Bloomberg Television, JPMorgan CEO Jamie Dimon warned on Tuesday that resolving "stupid" trade issues between the U.S. and Europe would pave the way for better economic growth. Speaking at JPMorgan's annual global markets conference in Paris, Dimon stated that the goal should be "to
GateNews54m ago
UK 10-Year Gilt Yields Breach 5.1%, 30-Year Hits 28-Year High on May 12
According to Allianz Chief Economist Mohamed El-Erian, UK 10-year gilt yields breached 5.1% on May 12, while 30-year yields reached their highest level since March 1998. Despite the sharp rise in government bond yields, sterling failed to gain support and remained under pressure. El-Erian warned
GateNews1h ago
