Societe Generale: The trend of 10-year US Treasury yields falling towards 5% is a buying opportunity

Societe Generale rate strategists said in a report that the 10-year Treasury yield is gradually approaching the 5% threshold, and further selling is a buying opportunity. "The momentum of the 10-year Treasury yield falling towards 5% is a buying opportunity." The 10-year Treasury yield has risen along with the term premium and expectations for the final federal funds rate. The decline in the equity risk premium and the tightening of the financial environment may be the catalyst for the reversal. (Jinshi)