Part 7/10:
Concurrently, there are expectations that the US 10-year Treasury yield may settle around 4% by the end of this year, potentially declining as the Federal Reserve considers rate cuts next year. These expectations are sensitive to various factors, including trade tensions, economic data, and financial market conditions.
Investors are scrutinizing upcoming US labor market reports, particularly the May employment figures, to gauge the Federal Reserve's future monetary policy. Soft economic data could prompt a pause or reversal in rate hikes, further influencing bond yields and the dollar's trajectory.