Strategist: The last thing the Federal Reserve wants is a surge in the 10-year US Treasury yield

```htmlGolden Ten Data reported on June 17 that Jeff Buchbinder, Chief Equity Strategist at LPL Financial, stated that investors are closely watching the first press conference of the new Federal Reserve Chairman, Waller, to gain insights into his views on inflation, unemployment, and the economic outlook. The US 10-year Treasury yield is currently fluctuating around 4.43%. He believes that the last thing Waller wants to see is a sharp rise in the 10-year US Treasury yield. For the market, it is crucial that the 10-year US Treasury yield remains below 4.5%, especially now that oil prices have declined. Therefore, do not expect the Federal Reserve to take swift action on this matter.```