Recently, the volatility in the U.S. Treasury market has intensified, with the 10-year Treasury yield climbing again, attracting the attention of global investors. As one of the most important safe-haven assets in the world, the trend of U.S. Treasuries not only reflects market expectations of Federal Reserve policy but also influences global capital flows and the pricing of risk assets.

Currently, the market focus is on the Federal Reserve's interest rate path and inflation data. If inflation remains sticky, Treasury yields may rise further, putting pressure on the stock market; conversely, if economic data is weak, safe-haven sentiment may drive funds back into the bond market. Additionally, the U.S. Treasury continues to issue debt to fill the deficit, and the supply-demand relationship may also exert pressure on yields.

In the short term, the Treasury market still faces a tug-of-war between bulls and bears, and investors need to closely monitor monetary policy signals and economic indicators. In the long term, the sustainability of debt remains a concern. What are your thoughts on the future of U.S. Treasuries? Feel free to discuss!