Analysis: The trend of US treasury bond bond yield may depend on budget sustainability and investor behavior

Ipek Ozkardeskaya, a strategist of Ruixun Bank, said in a report that the trend of the yield of US treasury bond bonds will depend on two factors. The first factor is the fiscal choices made by the United States: whether the budget is sustainable and whether there are any long-term plans to control debt. Another factor is the practice of global investors: whether global investors are still willing to finance the US deficit, especially when the deterioration of geopolitical relations, the weakening of enthusiasm for the US dollar and the decline of confidence in US treasury bond bonds as a safe haven asset have also weakened market confidence.