Analyst: The risk of US bond yields repeating the limited conditions after the Fed's rate cut last September is low.

Jin10 data reported on September 18, SwissBorg's head of fixed income Dario Messi stated that there are concerns that after the Fed cuts interest rates by 50 basis points in September 2024, long-term U.S. Treasury yields may rise again. However, this time the risk of such a scenario repeating is limited. Despite some reasonable arguments, the current starting point provides more buffer for this development, and the current risks are more limited. Currently, the 10-year U.S. Treasury yield is higher than the level when the Fed began to cut rates in September 2024.

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