Citi Says 20-Year Treasuries Offer Attractive Risk-Reward as Yields Rise

U.S. Treasury yields climbed sharply as higher oil prices fueled inflation concerns. According to ChainCatcher, Citi said 20-year Treasuries offer a favorable risk-reward profile for investors able to tolerate volatility. Citi strategist Jason Williams said bearish options on Treasuries would strengthen if yields rise above 5.3%, and policymakers may act to curb further increases in yields.