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Danske Bank: The yield on 30-year U.S. Treasury bonds is expected to surpass 5%.
Gate News bot news, Danske Bank forex strategy senior analyst Jesper Fjaerstedt stated that after the hiring data was better than expected, the 30-year U.S. Treasury yield is approaching the 5% level again.
This senior analyst expects that due to investors' anticipation that the Senate will approve President Trump's budget proposal, the market will require a higher premium, and yields are expected to rise above 5%.
Source: Jin Ten