Citigroup: Rise in global short-term bond yields may slow

Odaily Planet Daily News: Citi Research interest rate strategists said in a report that the previous rise in global short-term bond yields may be losing momentum, and there will be a brief respite at least in the short term. There are still some factors that are not conducive to the bond market, including the first trade agreement reached between the United States and the United Kingdom, the voting differences at the Bank of England’s meeting last week, and the wait-and-see attitude shown by the Federal Reserve. In addition, substantial progress has been made in Sino-US trade negotiations. (Jinshi)