Citigroup raised the yield expectation of 10-year US treasury bond bonds, maintaining a bullish view in the medium term

Citigroup's interest rate strategist raised the yield of 10-year US treasury bond bonds to 3.9% at the end of the year. Citi strategists maintain a medium-term bullish view of US treasury bond bonds, believing that the Middle East conflict will not promote the transmission of inflation pressure to core inflation, and the risk balance of the labor market will weaken.