星球日报|3月 03, 2026 07:15
[U.S. Treasury Yields Continue to Rise, Brief Safe-Haven Buying]
Odaily Planet Daily News: U.S. Treasury yields edged higher during the Asian trading session, extending Monday's trend. The market continues to focus on the inflationary impact that rising oil prices due to the Middle East conflict may bring. On Monday, U.S. Treasury yields surged, reversing the brief safe-haven buying seen earlier. ING rate strategists Padhraic Garvey and Michiel Tukker stated in a report: 'Frankly, we were surprised by how short-lived the safe-haven flows into bonds were.' They noted that if viewed from a broader Middle East perspective, further escalation of the situation would undoubtedly reignite safe-haven demand, 'but the subsequent reaction after the initial shock has already been quite pronounced.' (Jin10)
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