Opinion: What the Federal Reserve Least Wants to See Is a Surge in 10-Year Treasury Yields

Odaily Planet Daily News LPL Financial's Chief Equity Strategist Jeff Buchbinder stated that investors are closely watching the first press conference of the new Fed Chair, Walsh, to understand his views on inflation, unemployment, and the economic outlook. The yield on the 10-year U.S. Treasury is currently fluctuating around the 4.43% level.

Jeff Buchbinder believes that what Walsh least wants to see is a sharp rise in the 10-year Treasury yield. For the market, it is crucial that the 10-year Treasury yield remains below 4.5%, especially now that oil prices have fallen. Therefore, don't expect the Federal Reserve to take action quickly. (Jin Shi)