Global Short-Term Bond Yields May Experience Temporary Pause

According to Odaily, Citigroup's interest rate strategists have indicated in a report that the recent rise in global short-term bond yields might be losing momentum, suggesting a potential short-term pause. Several factors continue to challenge the bond market, including the first trade agreement between the United States and the United Kingdom, voting divisions at the Bank of England's meeting last week, and the Federal Reserve's cautious stance. Additionally, there has been significant progress in trade negotiations between China and the United States.