According to Odaily Planet Daily, a strategist for Société Générale's interest rates has stated that the 10-year U.S. Treasury yield is approaching the 5% threshold, and further selling presents a buying opportunity.
The 10-year U.S. Treasury yield is rising along with the term premium and expectations for the terminal federal funds rate. A decline in equity risk premium and tightening financial conditions could become catalysts for a reversal.
