Wall Street anticipates bond sell-off nearing end
Financial circles expect the continuation of the end of the intense sell-off wave that hit global bond markets, amid declines in U.S. Treasury yields and falling oil prices. The market has begun to recover after a historic decline driven by inflation fears and financial policies, as improved oil supply and stable prices led to a drop in yields, with the 10-year bond yield falling to 5.25% and the 2-year bond yield to 4.77%. Financial institution analyses indicate a turning point in the bond market, with expectations that the overselling wave has ended and that the market is on the verge of resuming its upward trend, supported by stable bond yields and improving economic indicators.
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