Affected by the further rise in international oil prices and the sell-off of treasury bonds from many major economies, US 10-year Treasury yields continued to rise on September 1, breaking 4.8% intraday on the same day, and rose 4.1 basis points to close at 4.797%, reaching a high since October 18, 2023. Meanwhile, the 30-year Treasury yield rose 3.3 basis points on the day to close at 5.277%. Financial sources said that six months after the war in the Middle East broke out, there is still no clear path for the reopening of the Strait of Hormuz, and concerns about inflation remain high. Uncertainty about the future of the Federal Reserve's monetary policy, fiscal concerns, and increased issuance of artificial intelligence-related bonds are putting pressure on the bond market. The volatility of bond yields is likely to continue in the near future.

Zhitongcaijing · 4d ago
Affected by the further rise in international oil prices and the sell-off of treasury bonds from several major economies, the yield on US 10-year Treasury bonds continued to rise on September 1, breaking 4.8% intraday on the same day, and rose 4.1 basis points to close at 4.797%, reaching a high since October 18, 2023. Meanwhile, the 30-year Treasury yield rose 3.3 basis points on the day to close at 5.277%. Financial sources said that six months after the war in the Middle East broke out, there is still no clear path for the reopening of the Strait of Hormuz, and concerns about inflation remain high. Uncertainty about the future of the Federal Reserve's monetary policy, fiscal concerns, and increased issuance of artificial intelligence-related bonds are putting pressure on the bond market. The volatility of bond yields is likely to continue in the near future.