The 30-year US Treasury yield is hovering around 5%, indicating that pressure in the bond market remains unresolved.

After breaking the key 5% level for the first time since July last year, the 30-year US Treasury yield hovered around 5% again at the beginning of this week—indicating that pressure on the world's largest bond market has not eased. This is a significant threshold, and traders are closely watching for signs that it may rise further. At the heart of this sell-off are market concerns that a closure of the Strait of Hormuz could push up inflation and reduce the scope for interest rate cuts. Furthermore, massive corporate spending in the AI ​​field has also raised concerns that price increases may accelerate in the short term. (Jinshi)