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DBS Bank: 10-year US Treasury yield is expected to fall to 4.8%

PANews October 26 According to Caixin, as reported by CLS, DBS Bank's senior rates strategist in Singapore, Eugene Leow, said that rising demand for safe-haven assets, 10-year US Treasury yield is expected to fall to 4.8%. Caution will remain a core consideration for investors. Concerns about AI, the risk of an economic slowdown, and political uncertainty in Europe and the United States (the situation in Europe and the US midterm elections) mean that safe-haven demand will persist for some time. At current absolute yield levels, US Treasuries are suitable as a safe-haven hedging instrument. From a trading perspective, 4.8%is a logical short-term technical target.

Source: https://www.panewslab.com/zh/articles/01a17624-d0c9-739c-9ba6-a45fda999bfa