Orient Securities: 10-year US Treasury yield is likely to continue rising
ChainCatcher news, according to Golden Ten Data, Dongfang Jincheng released a research report stating that, driven by renewed geopolitical risks, the yield of the 10-year US Treasury is expected to trend upward with fluctuations. Considering the escalation of tensions between the US and Iran, as well as Iran announcing the closure of the Strait of Hormuz, international oil prices are expected to rise, fueling market inflation and interest rate hike expectations.
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