Credit Suisse: Dalgalanma of term premium poses potential risk to 10-year US Treasury yields

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Gold ten data, July 30 news, UBS global wealth management expects that by mid-2025, the yield on 10-year Treasury bonds will drop from the current 4.185% to 3.5%, but due to the uncertainty of the US election and concerns about budget deficits, the yield may be higher than expected. The yükselis of term premium (the additional return investors seek from holding long-term bonds rather than short-term bonds) may push up the yield of longer-term bonds. If the market begins to price fiscal trajectories more positively, term premiums may widen because unsustainable fiscal dynamics will eventually require investors to demand higher compensation for the risk of holding longer-term bonds. It is expected that in the next 6 to 12 months, US bonds will be mainly influenced by macroeconomic fundamentals.

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