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Wall Street faces the new normal: the average yield on U.S. Treasuries enters the “5-handle era”

PANews September 25 reported, citing Headliner, that the sell-off in U.S. Treasuries intensified further this week, with yields on multiple maturities just 2000 years and 2002 years short of their historical peaks by only 10 to 15 basis points; this trend eased somewhat on Friday. Bloomberg data show that the average yield in the U.S. Treasury market, valued at 32000000000000 USD has risen to 5.05%, approaching the 2023-year high and the dual peak of 2006 to 2007 years. The average yield on global sovereign bonds is also just below 4%, reaching its highest level since 2007. However, for investors seeking fixed cash returns, the yield level of 5%presents a highly attractive allocation opportunity. Michael Hans, Chief Investment Officer at Citizens Wealth, which manages more than 65000000000 USD in assets, said: “Compared with the zero-interest-rate environment we experienced after the financial crisis, I would not hesitate for a moment to...

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