The Zhitong Finance App learned that David Zervos, a senior adviser to US Treasury Secretary Bezent and Wall Street veteran, said on Thursday that although US Treasury yields have recently soared to decades of high levels, judging from historical levels, the current actual yield is already clearly high, and there is room for decline in the future. He believes that the surge in artificial intelligence (AI) infrastructure investment and energy price shocks are important factors driving the recent rise in yield, but the related pressure may only be temporary.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that David Zervos, a senior adviser to US Treasury Secretary Bezent and Wall Street veteran, said on Thursday that although US Treasury yields have recently soared to decades of high levels, judging from historical levels, the current actual yield is already clearly high, and there is room for decline in the future. He believes that the surge in artificial intelligence (AI) infrastructure investment and energy price shocks are important factors driving the recent rise in yield, but the related pressure may only be temporary.