【Bank of Singapore: The Safe-Haven Status of US Treasuries is at Risk, Highlighting the View that the Dollar has Peaked】According to a report by Golden Finance, Mansoor Mohi-uddin, Chief Economist at Bank of Singapore, stated in a research report that the downgrade of the US credit rating last Friday has broad implications for its economic outlook. First, the deteriorating fiscal situation in the US reinforces the view that long-term US Treasury yields will rise over time. The bank continues to forecast that in the next 12 months, the yield on 10-year US Treasuries will reach 5.00%. Secondly, the threat to the safe-haven status of US Treasuries highlights the bank's belief that the dollar has already peaked. Finally, the US's massive deficits and inflation may force the Federal Reserve to maintain higher interest rates for a longer period. (Jinshi)