Odaily Planet Daily News: UBS interest rate strategist stated in the latest report that the bank continues to be bullish on 10-year US Treasury bonds due to ongoing economic growth risks. We believe that the market has underestimated the risk of an economic slowdown, and the relatively mild US CPI data in May and June will also support the performance of the 10-year US Treasury bond. ”Strategists point out that although household inflation expectations have increased, it has not yet translated into significant wage pressures. In addition, they also mentioned that if the US Senate makes adjustments to the "Beautiful Bill" proposed by the House of Representatives and further reduces spending, it is also expected to alleviate market concerns about the expansion of the fiscal deficit. However, UBS also believes that the 10-year US Treasury yield may not be able to fall below 4% in the coming months. (Golden Ten)
