CICC expects the US inflation center to continue rising, with the 10-year yield possibly reaching 4.8%
ChainCatcher news, according to Jinse Finance, a research report from CICC states that in the short term, given the significant upward pressure on inflation in the United States, if interest rates are still cut, economic recovery and inflation may accelerate, and the ten-year yield is expected to rise to around 4.8% within the year. In the long term, if fiscal dominance is gradually achieved in the next one or two years, the central level of the US Treasury yield curve may be generally lowered, and short-term rates will decline along with rate cuts.
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