U.S. 10-Year Treasury Yield Approaches 5% Threshold

According to Odaily, a report by Société Générale's interest rate strategist indicates that the yield on the 10-year U.S. Treasury bond is nearing the 5% mark, suggesting that further sell-offs could present a buying opportunity. The strategist notes that the momentum driving the 10-year Treasury yield towards 5% should be seen as a chance to buy. The yield has been rising alongside term premiums and expectations for the terminal federal funds rate. A decline in equity risk premiums and tighter financial conditions could act as catalysts for a reversal.