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According to CLS, DBS Bank strategist Eugene Leow expects rising safe-haven demand to drive the 10-year US Treasury yield lower to in the short term 4.8%。
Cointime summarizes that the US 10-year Treasury yield broke above 5.27%，USD strengthened, European and US bond yields rose, and all three major US stock indexes closed lower; it also listed multiple corporate and policy developments.
Cointime summarizes that expectations for Fed rate hikes are heating up, with USD, Treasury yields, and oil prices strengthening, while gold, equities, and crypto markets weaken.