Bank of America strategists suggest shorting two-year treasury bond bonds

The strategist team of Bank of America suggested shorting two-year US treasury bond bonds at a yield of 3.87%, with a target of 4.10% and a stop loss of 3.70%. They believe that the ceasefire situation in Iran is fragile, there are upward risks in oil prices and inflation, the US economic data is resilient, the Federal Reserve may turn hawkish, and pointed out that the April Federal Open Market Committee meeting was hawkish.