B · Normal
[DBS Bank: The 10-year U.S. Treasury yield is expected to fall back to 4.8%] On October 26, Eugene Leow, senior interest rate strategist at DBS Bank in Singapore, said that demand for safe-haven assets has increased and the 10-year U.S. Treasury yield is expected to fall back to 4.8%. Caution will remain a core concern for investors. The market's doubts about AI, the risk of economic slowdown, and political uncertainty in Europe and the United States (the situation in Europe, the U.S. midterm elections) mean that the demand for safe havens will continue for some time. At the current absolute yield level, U.S. Treasuries are suitable as a safe hedging instrument. From a trading perspective, 4.8% is a logical short-term technical target.
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