Analyst: If the Middle East situation thaws, U.S. Treasury yields are expected to drop to 4.2%.

robot
Abstract generation in progress

Golden Finance reports that on April 3, Shun Otani, a strategist at Daiwa Securities, said that if the Middle East conflict reaches a resolution in some form, the yield on the U.S. 10-year Treasury could fall from the current 4.30% back to around 4.20%. Otani noted that once hostilities subside, the market’s focus may shift to ensuring safe navigation through the Strait of Hormuz and repairing relations between Iran and the Gulf states that deteriorated during the conflict. He believes that the meeting of foreign ministers from more than 40 countries regarding the situation in the strait, as well as reports about negotiations between Iran and Oman, can all be seen as positive signals toward easing tensions. (Jin10)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin