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

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

Jeff Buchbinder believes that the last thing Warsh wants to see is a sharp rise in 10-year Treasury yields. For the market, it is crucial for the 10-year Treasury yield to stay below 4.5%, especially now that oil prices have fallen. Therefore, don't expect the Fed to take any swift related actions. (Jin Shi)