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Today's news: the yield of us 10-year Treasury bonds continued to rise to 1
75%, the highest level since January 2020
Spot gold fell $1730 / ounce, down nearly 1% during the day

US stocks * fell, the NASDAQ * fell to 1
7%, and the S & P 500 * fell 0
7%

In early London trading on Thursday, the benchmark 10-year Treasury yield rose 9 basis points to 1
73%
The 30-year Treasury yield also jumped 9 basis points to 2
50%, the highest level since August 2019

Last month, the disappointing auction of US Treasury bonds triggered the selling pressure of treasury bonds
Even if the Federal Reserve said it planned to maintain low interest rates until 2023, it still could not stop the rise of US bond yields

Sebastien Galy, senior macro strategist at Nordea Investment Funds SA, said that the yield of 10-year Treasury bonds is likely to rise to 1
80% in the short term
He also believes that the Fed has been standing still under the rising inflation expectations in the medium term and the expectations of strong economic performance, which makes it possible for the fed to quickly turn from a dove to an eagle and catch up in the future