Analyst: U.S. Treasury yields are accelerating upward

Glonghui, February 25th｜As risk appetite recovers and rising stock markets weaken demand for safe-haven assets, U.S. Treasury yields continue to climb. U.S. Conference Board consumer confidence data released on Tuesday exceeded expectations, also putting pressure on U.S. Treasuries, as it further reinforced the view that the U.S. is unlikely to cut interest rates in the short term. Nevertheless, Frank Walbaum of Naga stated in a report that a renewed escalation of trade tensions could reignite risk-off sentiment. A 10% global temporary tariff may be raised to 15%, keeping trade risks elevated and sparking concerns about new measures.